CORONA Remedies FY26 PAT Rises 33.4%; Dividend ₹10 Declared
CORONA Remedies Limited announced its audited financial results for the year ended March 31, 2026, reporting a 17.3% increase in standalone revenue to ₹1,403.18 Crores. On a consolidated basis, adjusted PAT rose 33.4% to ₹199.4 Crores, excluding a one-time statutory impact of ₹19.1 Crores from new Labour Codes. The Board recommended a final dividend of ₹10 per share and appointed M/s. Walker Chandio & Co LLP as the Statutory Auditor for five years.

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CORONA Remedies Limited reported its audited standalone and consolidated financial results for the fourth quarter and full year ended March 31, 2026. The Board of Directors, at its meeting held on May 11, 2026, considered and approved the results. The company delivered robust performance across revenue and profitability metrics, driven by brand-building initiatives and operational efficiencies. The Board recommended a final dividend of ₹10 per equity share for FY26, with the record date fixed as Friday, June 19, 2026. Additionally, the Board approved the appointment of M/s. Walker Chandio & Co LLP as the Statutory Auditor for a period of five years.
Standalone Financial Performance
On a standalone basis, CORONA Remedies posted strong growth for FY26. Revenue from operations grew 17.3% year-on-year to ₹1,403.18 Crores from ₹1,196.42 Crores in FY25. Net profit after tax for FY26 was ₹184.85 Crores, up from ₹149.05 Crores in FY25. The company reported an exceptional item of ₹19.10 Crores (post-tax ₹14.29 Crores) in FY26, representing the statutory impact of the new Labour Codes notified by the Government of India. The table below summarises the standalone financial performance across Q4 FY26 and the full year:
| Metric: | Q4 FY26 | Q4 FY25 | FY26 | FY25 |
|---|---|---|---|---|
| Revenue from Operations (₹ Cr): | 353.09 | 293.69 | 1,403.18 | 1,196.42 |
| Total Income (₹ Cr): | 357.20 | 295.11 | 1,413.83 | 1,202.35 |
| Total Expenses (₹ Cr): | 302.74 | 251.71 | 1,154.58 | 1,004.20 |
| Profit Before Tax (₹ Cr): | 54.46 | 43.40 | 240.15 | 198.15 |
| Net Profit After Tax (₹ Cr): | 45.05 | 31.34 | 184.85 | 149.05 |
| Basic EPS (₹): | 7.37 | 5.12 | 30.22 | 24.37 |
Consolidated Financial Performance
On a consolidated basis, the company reported revenue from operations of ₹1,403.2 Crores for FY26 and a reported net profit after tax of ₹185.1 Crores. Adjusted for the one-time statutory impact of new Labour Codes of ₹19.1 Crores (post-tax ₹14.3 Crores), the adjusted PAT stood at ₹199.4 Crores, reflecting a 33.4% year-on-year growth. Consolidated total income for FY26 stood at ₹1,413.83 Crores versus ₹1,202.35 Crores in FY25. The consolidated financial highlights are presented below:
| Particulars (₹ Cr): | Q4 FY26 | Q4 FY25 | FY26 | FY25 |
|---|---|---|---|---|
| Revenue from Operations: | 353.1 | 293.7 | 1,403.2 | 1,196.4 |
| EBITDA: | 62.0 | 54.2 | 293.4 | 240.0 |
| Reported PAT: | 45.3 | 31.5 | 185.1 | 149.4 |
| Adjusted PAT: | 45.3 | 31.5 | 199.4 | 149.4 |
Key Highlights
The Board recommended a final dividend of ₹10/- per equity share for FY26. The record date is fixed as Friday, June 19, 2026. The company highlighted strategic milestones, including the acquisition of WOKADINE and 7 brands from Bayer Zydus Pharma. It received EAEU-GMP certification, enabling entry into markets including Russia and Kazakhstan. CORONA Remedies improved its industry ranking to 27th in India from 32nd.
Historical Stock Returns for Corona Remedies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.61% | +2.30% | +13.23% | +24.16% | +24.16% | +24.16% |
How will CORONA Remedies deploy the EAEU-GMP certification to scale international revenues, and what revenue contribution from Russia and Central Asian markets is expected in FY27?
With capital work-in-progress at ₹143 Crores and investing outflows of ₹256 Crores in FY26, what specific capacity expansion projects are nearing completion and how will they impact margins going forward?
Given that chronic therapies already contribute ~72% of revenue, how does CORONA Remedies plan to accelerate growth in the newly established infertility specialty segment and biosimilars to diversify its revenue mix?





























