Tuesday, Mar 25 2025 | Time 04:08 Hrs(IST)
Business EconomyPosted at: Feb 12 2025 10:32PM


Suven Pharma Q3FY25 consolidated net profit up to Rs 83.29 cr

Hyderabad, Feb 12 (UNI) Suven Pharmaceuticals Ltd. a technology-led global Contract Development and Manufacturing Organization (CDMO), on Wednesday announced that its consolidated net profit increased to Rs 83.29 crore for the third quarter ended December 31, 2024 from Rs 46.75 crore in the corresponding period in last year.
Hyderabad based Pharma Company’s consolidated revenue from operations during the quarter increased to Rs 307.15 crore from Rs 219.82 crore in Q3FY24.
However, for the nine-months in FY25, the consolidated net profit decreased to Rs 226.04 crore from Rs 246.91 crore in 9Months FY24, the company said in a release here.
Revenue from operation during the 9-months also slightly down to Rs 795.56 crore from Rs 798.42 crore in 9MonthsFY24.
Mr. Vivek Sharma, Executive Chairman, commented: “Suven Pharma has reaffirmed its growth trajectory in Q3 FY25 as we had expected. We continue to make BD efforts and remain focused on high-value CDMO offerings and expansion in niche technology platforms in line with our strategic vision. Our investments in ADCs and oligonucleotides with fast underlying market growth position us well for sustained mid and long-term growth. As we gear to deliver our $1bn revenue guidance with higher CDMO and niche technology share”
Dr. V. Prasada Raju, Managing Director, said “We continue to witness a strong momentum in our Pharma CDMO business, with increased RFQ inflows and a robust late-stage pipeline. As our Phase 3 pipeline has expanded now to 15 projects with 9 molecules, gives us comfort on our strategic endeavors moving in the right direction. Our ability to drive innovation with addition of Oligos, deepening our ADC presence, and serving as a trusted partner to global innovators continues to enhance our competitive edge.”
UNI KNR GNK
Please log in to get detailed story.
Tags: #Suven Pharma Q3FY25 consolidated net profit up to Rs 83.29 cr
More News

HDFC Capital partners with Total Environment to form Rs 1,300 cr platform

24 Mar 2025 | 7:11 PM

Hyderabad, Mar 24 (UNI) HDFC Capital, the real estate private equity arm of HDFC Group, on Monday said it has partnered with Total Environment, one of South India’s leading real estate developers, to form a Rs 1,300 crore platform for the development of high-quality homes in Bengaluru.

see more..

Shriram Fin strengthens SME portfolio in TN

24 Mar 2025 | 6:08 PM

Chennai, Mar 24 (UNI) Shriram Finance Limited (SFL) of Shriram Group has recorded an impressive Rs. 8,938.61 crores in its SME loan portfolio in Tamil Nadu.

see more..

GSMA Board elects Gopal Vittal as new Chairman

24 Mar 2025 | 6:06 PM

Kolkata, Mar 24 (UNI) The Board of Directors of the GSMA elected Gopal Vittal, Vice Chairman & MD, Bharti Airtel, as its new Chairman, until the end of 2026.

see more..

Panasonic introduces its 2025 AC line-up in East India

24 Mar 2025 | 6:03 PM

Kolkata, Mar 24 (UNI) Panasonic Life Solutions India on Monday introduced its 2025 line-up of air conditioners in East India.

see more..

KVB opens 4 new branches in TN, AP

24 Mar 2025 | 5:52 PM

Chennai, Mar 24 (UNI) Karur Vysya Bank (KVB) on Monday inaugurated 4 new branches in Tamil Nadu and Andhra Pradesh.

see more..