Jubilant Pharmova Q2 Net Profit Jumps 65% to Rs 102.5 Crore
Jubilant Pharmova's consolidated net profit surged 65% to Rs 102.5 crore in Q2 FY25, driven by strong revenue growth. Read more.
New Delhi, Oct 25 (PTI) Jubilant Pharmova Ltd on Friday reported a 65 per cent rise in consolidated net profit at Rs 102.5 crore in the second quarter ended September 2024 on the back of robust revenue growth.
The company had posted a consolidated net profit of Rs 62.1 crore in the corresponding per last fiscal, Jubilant Pharmova Ltd (JPL) said in a regulatory filing.
Consolidated total revenue from operations stood at Rs 1,752.3 crore as compared to Rs 1,680.3 crore in the year-ago period.
Total expenses in the second quarter were higher at Rs 1,615.3 crore as compared to Rs 1,601.2 crore in the same period a year ago, the company said.
In another regulatory filing, the company said Jubilant Pharma Holdings Inc., USA, a wholly-owned subsidiary, has voluntarily prepaid USD 25 million (Rs 210 crore) term loan from its internal accruals on October 23, 2024.
The company had posted a consolidated net profit of Rs 62.1 crore in the corresponding per last fiscal, Jubilant Pharmova Ltd (JPL) said in a regulatory filing.
Consolidated total revenue from operations stood at Rs 1,752.3 crore as compared to Rs 1,680.3 crore in the year-ago period.
Total expenses in the second quarter were higher at Rs 1,615.3 crore as compared to Rs 1,601.2 crore in the same period a year ago, the company said.
In another regulatory filing, the company said Jubilant Pharma Holdings Inc., USA, a wholly-owned subsidiary, has voluntarily prepaid USD 25 million (Rs 210 crore) term loan from its internal accruals on October 23, 2024.
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