
Aurobindo Pharma Q4 net almost flat at ₹903 crore
The Hindu
Aurobindo Pharma's net profit declines slightly, but revenue and total expenses show significant growth in March quarter.
Generic drugmaker Aurobindo Pharma reported consolidated net profit for the March quarter declined marginally to ₹903 crore compared with ₹907 crore a year earlier.
The lower net profit came on a 10.6% increase in revenue from operations to ₹8,382 crore (₹7,580 crore) and total expenses rising more than 12% to ₹7,149.6 (₹6,351.1 crore).
Formulations revenue from the key U.S. market increased 13.5% YoY to ₹4,072 crore, while in Europe it rose 17.2% to ₹2,147 crore. Growth Markets formulations revenue declined 7.8% to ₹786 crore.
Total formulations revenue at ₹7,313 crore (₹6,510 crore) was an increase of 12.3%. Total API revenue was 5% higher at ₹1,069 crore (₹1,019 crore).
It was another quarter and year of all-time high sales and EBITDA, “reflecting the strength of our core businesses, consistent volume-led growth and the depth of our differentiated product portfolio,” vice-chairman and MD K. Nithyananda Reddy said.
Aurobindo’s European operations continue to perform exceptionally well and moving steadily towards the $1-billion revenue milestone. “Backed by our ongoing capacity enhancements we remain firmly positioned to sustain our trajectory,” he said in a release.
For the fiscal ended March, the company’s consolidated revenue from operations was 9.4% higher at ₹31,724 crore (₹29,002 crore). Net profit increased 9.9% to ₹3,484 crore (₹3,169 crore).

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