Bilcare Limited Reports Narrowed Losses in Q1 Amid Challenging Market Conditions

1 min read     Updated on 18 Aug 2025, 08:05 PM
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Reviewed by
Naman SharmaBy ScanX News Team
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Overview

Bilcare Limited's Q1 FY2024 results show a mixed performance. Consolidated total income decreased by 2.75% to ₹192.44 crores, but net loss reduced to ₹9.76 crores from ₹15.02 crores year-over-year. Standalone performance improved with profit after tax more than doubling to ₹3.59 crores. Consolidated EPS improved to ₹(1.59) from ₹(2.71) in the previous year.

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*this image is generated using AI for illustrative purposes only.

Bilcare Limited , a leading provider of pharmaceutical packaging solutions, has released its unaudited financial results for the first quarter, ending June 30. The company's performance shows signs of improvement in a challenging market environment.

Consolidated Performance

On a consolidated basis, Bilcare Limited reported:

  • Total income from operations of ₹192.44 crores, down 2.75% from ₹197.88 crores in the same quarter last year.
  • A net loss after tax of ₹9.76 crores, significantly reduced from the ₹15.02 crores loss in Q1 of the previous year.
  • Earnings per share improved to ₹(1.59) compared to ₹(2.71) in the corresponding quarter of the previous year.

Standalone Performance

The company's standalone performance showed more positive results:

  • Total income from operations stood at ₹8.79 crores, a slight increase from ₹8.71 crores in Q1 of the previous year.
  • Profit after tax more than doubled to ₹3.59 crores, up from ₹1.40 crores in the same period last year.

Financial Highlights

Particulars (Consolidated) Q1 (₹ Crores) Q1 Previous Year (₹ Crores) Change (%)
Total Income 192.44 197.88 -2.75%
Net Loss After Tax (9.76) (15.02) +35.02%
EPS (₹) (1.59) (2.71) +41.33%

Market Position

Bilcare Limited continues to navigate a challenging market environment. The slight decrease in consolidated revenue might reflect ongoing pressures in the pharmaceutical packaging industry or specific challenges faced by the company's international operations.

Looking Ahead

As Bilcare Limited moves forward, investors and stakeholders will be watching closely to see if the company can build on this quarter's improvements. The focus will likely be on whether the company can return to profitability on a consolidated basis and sustain the positive momentum seen in its standalone operations.

The equity share capital of the company remained unchanged at ₹23.55 crores, indicating no new share issuances during the quarter.

Bilcare Limited's financial results were approved by the Board of Directors and published in compliance with SEBI regulations. The detailed financial results are available on the BSE website and the company's official website for further scrutiny by interested parties.

Historical Stock Returns for Bilcare

1 Day5 Days1 Month6 Months1 Year5 Years
-0.74%-1.21%-9.71%+14.98%+14.96%+33.27%
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Bilcare Approves Voluntary Liquidation of UK Subsidiary Bilcare GCS

1 min read     Updated on 21 Jul 2025, 08:06 PM
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Reviewed by
Radhika SahaniBy ScanX News Team
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Overview

Bilcare Limited's Board of Directors has approved the voluntary liquidation of its wholly-owned UK subsidiary, Bilcare GCS Limited. The decision was made on July 21, 2025. Bilcare GCS contributed only 0.02% to the consolidated turnover with INR 11.88 lacs in FY 2024-25. The liquidation is not expected to significantly impact Bilcare Limited's overall financial position. The process will be carried out in accordance with UK laws, with the completion date yet to be determined.

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*this image is generated using AI for illustrative purposes only.

Bilcare Limited , a prominent player in the pharmaceutical packaging and research solutions sector, has announced a significant strategic move. The company's Board of Directors has approved the voluntary liquidation of its wholly-owned subsidiary, Bilcare GCS Limited, based in the United Kingdom.

Key Details of the Liquidation

The decision was made during a board meeting held on July 21, 2025, as disclosed in a regulatory filing to the Bombay Stock Exchange. Bilcare GCS Limited will be liquidated in accordance with the applicable laws of England and Wales.

Financial Impact

According to the company's disclosure:

Particulars Details
Subsidiary Status Wholly-owned subsidiary in the United Kingdom
Turnover INR 11.88 lacs (FY 2024-25)
Percentage of Consolidated Turnover 0.02%
Net Worth Contribution Not specified

The liquidation of Bilcare GCS is not expected to have a significant impact on Bilcare Limited's overall financial position, given the subsidiary's minimal contribution to the company's consolidated turnover.

Regulatory Compliance

Bilcare has emphasized that Bilcare GCS is not classified as a material subsidiary of the company. The liquidation process is currently underway, with the expected completion date yet to be determined.

Management Statement

While specific comments from the management were not provided in the disclosure, the decision appears to be part of Bilcare's broader strategy to streamline its operations and focus on core business areas.

Market Reaction

As of the announcement, the immediate market reaction to this news was not specified. Investors and market analysts will likely be watching closely to see how this strategic move might affect Bilcare's future performance and global presence.

Bilcare Limited continues to operate its registered office at 1028 Shiroli, Rajgurunagar, Pune 410 505, India. Shareholders and interested parties can find more information on the company's website at www.bilcare-group.com .

This development underscores the dynamic nature of the pharmaceutical industry and the ongoing efforts of companies like Bilcare to optimize their global operations in response to market conditions and strategic priorities.

Historical Stock Returns for Bilcare

1 Day5 Days1 Month6 Months1 Year5 Years
-0.74%-1.21%-9.71%+14.98%+14.96%+33.27%
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