PetVivo (PETV) Reports Record Q2 Revenue of $303K with 51% Growth

Record Q2 Financial Performance

• 📈 PetVivo Holdings (PETV) announced a record Q2 revenue of $303,000 for the quarter ending September 30th, representing a 51% year-over-year increase.
• 💰 Gross profit reached approximately $220,000, with gross margins exceeding 72%.
• ⚠️ A net loss of about $3 million, or 11 cents per share, was reported, primarily due to increased investment in sales and marketing for the new Precise PRP veterinary biologic product line.

Business Expansion and Strategy

• 🌐 The company expanded its distributor network within the U.S. and internationally, securing new partnerships in the UK and Mexico.
• 🎓 PetVivo continued its efforts to roll out education programs for veterinarians to support its product lines.
• 🎯 The company expressed confidence for continued growth through the fiscal year ending March 2026, highlighting its innovative biologic solutions for companion animals.