By: IPP Bureau
Last updated : August 13, 2024 10:37 am
European markets now contribute 51% of our business revenue up from 43% in Q4 FY24 and 34% in Q1 FY24
Supriya Lifescience Ltd., a cGMP-compliant business with a strong track record in API manufacturing and a focus on products from a variety of therapeutic segments, including anti-histamine, anti-allergic, vitamin, anaesthetic, and anti-asthmatic, Q1 of FY25 witnessed remarkable growth in its revenue, reporting a 21.7% year-over-year increase, reaching Rs. 160.63 crore compared to Rs. 132.02 crore in Q1 FY24.
EBITDA for Q1 FY25 stood at Rs. 62.54 crore, with an EBITDA Margin of 38.9%, as opposed to an EBITDA of Rs. 44.49 crore in Q1 FY24 with an EBITDA margin of 33.7%. This marks a growth of 40.6% YoY. Profit After Tax (PAT) for Q1 FY25 came at Rs. 44.64 crore, compared to Rs. 28.51 crore in Q1 FY24. The PAT Margin stood at 27.8% in Q1 FY25, compared to 21.6% in Q1 FY24.
The company has seen good growth across different therapeutic areas in Q1 FY25. European markets now contribute 51% of our business revenue up from 43% in Q4 FY24 and 34% in Q1 FY24.
Dr. Saloni Wagh, Managing Director, Supriya Lifescience Ltd. said, “We are engaged in discussions with a diverse range of companies, from major pharmaceutical firms to innovative enterprises, to establish partnerships for supplying tailored products. The company achieved a record capital expenditure of Rs. 146 crore in the last financial year while also enhancing its return on equity by 210 basis points."
"We're proud to unveil our new R&D facility at Lote Parshuram and anticipate the completion of our Ambernath lab by early Q2 FY25. These state-of-the-art centers will drive our next phase of growth, focusing on advanced product development, CMO/CDMO opportunities, and expanding our portfolio to meet evolving market needs. Moving forward, the company aims for significant growth with improved profitability,” added Wagh.