Aurobindo Pharma records an 85% YoY increase in Q2 consolidated net profit, reaching Rs 757 crore. Q2 revenue stands at Rs 7,219.4 crore, marking a 25.7% growth from the same period last year.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) rises to Rs 1373.5 crore, with a margin of 19%. Robust performance in the US formulations, Europe formulations, and growth markets contributes to the strong financial results.
Research & Development spend at Rs 300 crore, filing 10 Abbreviated New Drug Applications (ANDAs) during the quarter. The Board approves the first interim dividend of 300%, Rs 3.00 per equity share.
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