Aurobindo Pharma's net profit rises 4.6% at Rs 639.5 crore in Q2, revenues grow nearly 18%
5 years, 2 months ago

Aurobindo Pharma's net profit rises 4.6% at Rs 639.5 crore in Q2, revenues grow nearly 18%

Firstpost  

Formulation revenues for the quarter posted a growth of 21.8% YoY to Rs 4,793.8 crore and accounted for 85.6% of total revenues. Hyderabad: Aurobindo Pharma Limited on Tuesday said its consolidated net profit for the quarter ended 30 September was up by 4.6 percent to Rs 639.5 crore against Rs 611.4 crore in the Q2 FY 19. Revenues from operation grew by nearly 18 percent to Rs 5600.5 crore. Our R&D initiatives have been progressing well across the products basket and we have started clinical trials for our first biosimilar product in Q3 FY 20.” Formulation revenues for the quarter posted a growth of 21.8 percent YoY to Rs 4,793.8 crore and accounted for 85.6 percent of total revenues, while EU formulations revenue in Q2 FY20 witnessed a growth of 21.2 percent YoY to Rs 1,401.3 crore, the release said.

History of this topic

AstraZeneca Q2 net profit declines 27%, revenue up 31%
2 months ago
Aurobindo Pharma Q1 Results: Net profit rises 61.3% to ₹918 crore, revenue up 10.5% YoY
5 months ago
Stocks to watch: Ambuja Cements, Maruti, Sun Pharma, M&M, Adani Power, Infosys
5 months, 2 weeks ago
Large cap stock hits 52-week high after US FDA conducts inspection at subsidiary
1 year ago
Aurobindo Pharma share price rises more than 1% on regulatory clearance of plant
1 year, 1 month ago
Aurobindo shares double on US show
1 year, 5 months ago
Mankind Pharma Q1 results: Profit soars 66% on strong sales
1 year, 5 months ago
Aarti Drugs Q1 Results: Net profit surges 39% YoY to ₹48 crore
1 year, 5 months ago
Mankind Pharma Q4 results: PAT zooms 52% YoY to ₹294 Cr, revenue up 19%
1 year, 7 months ago
Aurobindo Pharma Q3 net drops 18% to ₹491 crore
1 year, 11 months ago
Pharma stock approves interim dividend at 450%, record date next week
2 years, 7 months ago
Bank of India, Aurobindo Pharma, Bata India: Top stocks for Investors Today
3 years, 11 months ago
Aurobindo Pharma shares surge on Q2 earnings
4 years, 2 months ago
Aurobindo Eyes 40% Rise in US Injectables Business in FY18
7 years, 2 months ago

Discover Related