The Board of Eris Lifesciences at its meeting held on 25 October 2024 has approved the execution of Binding Term Sheet with Levim Lifetech and its shareholders for the purpose of acquiring 30% stake in Levim Lifetech for an investment of Rs 54 crore at a pre-money equity valuation of Rs 126 crore. The acquisition is aimed at expansion of the company`s biotechnology footprint across a wide range of products and technologies. Powered by Capital Market - Live News

Net profit of ERIS Lifesciences declined 25.80% to Rs 91.59 crore in the quarter ended September 2024 as against Rs 123.43 crore during the previous quarter ended September 2023. Sales rose 47.64% to Rs 738.95 crore in the quarter ended September 2024 as against Rs 500.52 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales738.95500.52 48 OPM %35.8036.19 - PBDT209.59168.33 25 PBT129.11126.24 2 NP91.59123.43 -26 Powered by Capital Market - Live News

ERIS Lifesciences will hold a meeting of the Board of Directors of the Company on 25 October 2024.Powered by Capital Market - Live News

ERIS Lifesciences announced that the 18th Annual General Meeting (AGM) of the company will be held on 25 September 2024.Powered by Capital Market - Live News

Net profit of ERIS Lifesciences declined 12.31% to Rs 83.18 crore in the quarter ended June 2024 as against Rs 94.86 crore during the previous quarter ended June 2023. Sales rose 55.55% to Rs 715.59 crore in the quarter ended June 2024 as against Rs 460.03 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales715.59460.03 56 OPM %34.9336.90 - PBDT191.26153.38 25 PBT115.32112.49 3 NP83.1894.86 -12 Powered by Capital Market - Live News