India's Venus Remedies surges as quarterly profit doubles

Venus Remedies

27/05/2025 08:01

** Shares of Venus Remedies VENR.NS rise as much as 17.21% to 426 rupees, highest since Aug 2024

** Stock last up 11.6%; trading volume at ~15x the 30-day avg, with stock set for most active session since Feb 6

** Pharma firm's March-qtr net profit doubles to 210 mln rupees ($2.5 mln); rev little changed; total costs fall 6%

** Stock now up ~14 YTD

 ($1 = 85.3500 Indian rupees)

 (Reporting by Bharath Rajeswaran in Bengaluru)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))