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Indian pharma firm Gland Pharma registers a 16% rise in Q1FY25 consolidated revenue to Rs 1,401.7 crore, driven by US market growth.
Indian pharma company Gland Pharma reported a 16% increase in consolidated revenue to Rs 1,401.7 crore for Q1FY25, driven by a significant contribution from the US market, which saw a 27% revenue increase.
Base business (ex-Cenexi) revenue grew 14% YoY to Rs 1,013.4 crore, and EBITDA increased 12% YoE to Rs 294.1 crore.
The company is exploring acquisitions, in-licensing, and co-development opportunities to accelerate growth.
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La empresa farmacéutica india Gland Pharma registra un aumento del 16% en los ingresos consolidados del Q1FY25 hasta alcanzar 1.401,7 crores de rupias, impulsados por el crecimiento del mercado estadounidense.