Tuesday, Mar 25 2025 | Time 14:01 Hrs(IST)
Business EconomyPosted at: Jan 31 2025 4:58PM


Jubilant Pharmova Q3 net up 52 pc at Rs 101 crore

New Delhi, Jan 31 (UNI) Jubilant Pharmova Limited on Friday reported 52 percent jump in net profit at Rs 101 crore year-on-year basis in the third quarter of current financial year (2024-25) as against Rs 66 crore in the corresponding quarter of previous fiscal.
Revenues from operations registered a growth of 9 percent year-on-year at Rs 1,822 crore in the reporting quarter, versus Rs 1,677 crore in the same quarter of 2023-24, the company said in a regulatory filing with the stock exchanges.
Commenting on the Company’s performance, Mr. Shyam S Bhartia, Chairman Jubilant Pharmova and Mr. Hari S Bhartia, Co-Chairman & Non-Executive Director, said, “We are pleased to announce solid revenue growth of 9 percent YoY on the back of growth across all business segments. EBITDA grew by 11 percent YoY to Rs 296 crore, while reported PAT grew by 52 percent YoY to Rs 101 crore.
We repaid debt of USD 125 million in the current financial year including USD 25 million in Jan’25.
In the Radio pharmacy business, we started distribution of Pylarify, an industry leading prostate cancer diagnostic imaging agent from 2 of our PET radiopharmacies. We completed Media Fills on Line 3 in CDMO Sterile Injectables. The Drug Discovery business is driving increasing revenue from large pharma clients. We have also executed definitive agreements with Pierre Fabre to add strategic capabilities in the area of Biologics and Antibody drug conjugates. In the Generics business, we continue to focus on profitability.”
UNI SKB CS1657
Please log in to get detailed story.
Tags: #Jubilant Pharmova Q3 net up 52 pc at Rs 101 crore
More News

SMFG India Credit raises USD 175 mln via ECB; to expand lending portfolio

25 Mar 2025 | 12:31 PM

Mumbai, Mar 25 (UNI) Non-banking Finance Company SMFG India Credit (SMICC), on Tuesday said it has successfully raised USD 175 million via External Commercial Borrowing (ECB) for expanding its lending portfolio and supporting customers across various segments.

see more..
Mega steel plant will curb migration in North Karnataka: Baldota

Mega steel plant will curb migration in North Karnataka: Baldota

25 Mar 2025 | 11:58 AM

Bengaluru, Mar 25 (UNI) Weather unpredictability has exacerbated economic challenges in North Karnataka, leading to significant migration for employment. The region has suffered from recurrent droughts, with 16 drought years recorded between 2001 and 2023, resulting in acute water shortages.

see more..
Sensex up over 700 pts

Sensex up over 700 pts

25 Mar 2025 | 10:41 AM

Mumbai, Mar 25 (UNI) Extending gains for the seventh straight session on Tuesday, the BSE Sensex rallied 717 pts at 78,701.15 following gains in IT, Technology and Bankex stocks.

see more..

Rupee falls 2 paise against USD

25 Mar 2025 | 10:26 AM

Mumbai, Mar 25 (UNI) The Rupee on Tuesday declined two paise at 85.66 in opening session on rising demand for US Dollar by bankers and importers, dealers at the Forex Market said.

see more..

KEI Industries Ltd becomes Principal Partner with RCB

24 Mar 2025 | 8:27 PM

Kolkata, Mar 24 (UNI) KEI Industries Ltd has announced its strategic association with Royal Challengers Bengaluru as Principal Partner for the upcoming Men’s T20 league 2025, 18th season.

see more..