Business EconomyPosted at: Aug 8 2024 5:03PM

Alembic Pharma net up 12 pc at Rs 135 crore in Q1

New Delhi, Aug 8 (UNI) Alembic Pharmaceuticals on Thursday said its net profit grew 12% to Rs 135 crore year-on-year basis in the April-June quarter of current financial year.
Net sales from operations increased 5% to Rs 1562 crore in the first quarter of FY25, the company said in a release.
Commenting on the Q1 financial performance, Mr. Shaunak Amin, MD, Alembic Pharmaceuticals Limited said “India Branded Business continues to work on improving the execution ability both in quality & scale. The Specialty and Animal health segment witnessed robust growth.
“The USFDA conducted an audit at our Formulation facility F1, without any observations, underscoring our dedication to compliance and quality. The US business grew by 18% during the quarter,” he added.
India Branded Business grew 9% to Rs 572 crore for the quarter, the company said, adding it recorded robust growths in specialty therapies like Gynaecology, Gastrointestinal, Anti Diabetic and Ophthalmology therapies and performed relatively better than the market in acute therapies.
Excess heatwaves in Q1 FY 25 led to unnatural market disturbances in affected geographies, it said.
The animal health business grew 23% for the quarter with basket of strong brands driving outperformance.
With regard to international business the company said that US Generics grew 18% to Rs 461 crore for the quarter.
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Tags: #Alembic Pharma net up 12 pc at Rs 135 crore in Q1

Amazon announces festival sale offer

16 Sep 2024 | 7:27 PM

Visakhapatnam, Sep 16 (UNI) With the onset of the festive season, Amazon India is bringing an extraordinary interactive experience to the heart of Visakhapatnam from September 14th to 18th. The “Amazon Festive Box” is a larger-than-life installation that celebrates Vizagties vibrant spirit and culture through stunning art, while giving customers a fun way to engage with Amazon's upcoming Great Indian Festival sale.

Alembic Pharma net up 12 pc at Rs 135 crore in Q1

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SABARIMALA (KERALA), SEP 16 (UNI):- Padi Pooja, ritualistic worship of the 18 steps at the Lord Ayyappa Swamy Temple, taking place in Sabarimala on Monday. UNI PHOTO-27U

SABARIMALA (KERALA), SEP 16 (UNI):- Padi Pooja, ritualistic worship of the 18 steps at the Lord Ayyappa Swamy Temple, taking place in Sabarimala on Monday. UNI PHOTO-26U

SABARIMALA (KERALA), SEP 16 (UNI):- Padi Pooja, ritualistic worship of the 18 steps at the Lord Ayyappa Swamy Temple, taking place in Sabarimala on Monday. UNI PHOTO-25U

JAMMU, SEP 16 (UNI):- National Media coordinator of Congress Dolly Sharma along with PCC General Secretary Namrata Sharma addressing a press conference, in Jammu on Monday. UNI PHOTO-124U

PATNA, SEP 16 (UNI):- Bihar Chief Minister Nitish Kumar offer prayers at the Hazrat Makhdoom Syed Shah Peer Mohammad Mazar on the occasion of Eid-e-Milad-un-Nabi, in Patna on Monday. UNI PHOTO-123U

PATNA, SEP 16 (UNI):- Bihar Chief Minister Nitish Kumar offer prayers at the Hazrat Makhdoom Syed Shah Peer Mohammad Mazar on the occasion of Eid-e-Milad-un-Nabi, in Patna on Monday. UNI PHOTO-122U

AGARTALA, SEP 16 (UNI):- Uttar Pradesh Chief Minister Yogi Adityanath felicitated by Padma Shri awardee Chitta Maharaj during the inauguration of Siddheshwari temple in Barkathal, in West Tripura, on Monday. UNI PHOTO-121U

AGARTALA, SEP 16 (UNI):- Royal Scion of Tripura and Tipra Motha Chief Pradyot Kishore Debbarman speaking during the inauguration of Siddheshwari temple in Barkathal, in West Tripura, on Monday. UNI PHOTO-120U

AGARTALA, SEP 16 (UNI):- Tripura Chief Minister Prof. Dr.Manik Saha addressing after inaugurating Siddheshwari temple in Barkathal, in West Tripura, on Monday. UNI PHOTO-119U

PATNA, SEP 16 (UNI):- Bihar Chief Minister Nitish Kumar offer prayers at the Hazrat Makhdoom Syed Shah Peer Mohammad Mazar on the occasion of Eid-e-Milad-un-Nabi, in Patna on Monday. UNI PHOTO-118U

PATNA, SEP 16 (UNI):- Bihar Chief Minister Nitish Kumar arriving to offer prayer at the Hazrat Makhdoom Syed Shah Peer Mohammad Mazar on the occasion of Eid-e-Milad-un-Nabi, in Patna on Monday. UNI PHOTO-117U

AHMEDABAD, SEP 16 (UNI):- Prime Minister Narendra Modi presenting memento by Gujarat Chief Minister Bhupendra Patel and BJP State President CR Patil during the foundation laying ceremony of various development projects, in Ahmedabad on Monday. UNI PHOTO-116U

AHMEDABAD, SEP 16 (UNI):- Prime Minister Narendra Modi attend the foundation laying ceremony of various development projects, in Ahmedabad on Monday. UNI PHOTO-115U

AHMEDABAD, SEP 16 (UNI):- Prime Minister Narendra Modi flanked by Gujarat Governor Acharya Devvrat and Chief Minister Bhupendra Patel during the foundation laying ceremony of various development projects, in Ahmedabad on Monday. UNI PHOTO-114U

AGARTALA, SEP 16 (UNI):- Uttar Pradesh Chief Minister Yogi Adityanath addressing during the inauguration of Siddheshwari temple in Barkathal, in West Tripura, on Monday. UNI PHOTO-113U