Alembic Pharmaceuticals Q3 Net Profit up 38% to Rs 234 crores

▴ Alembic Pharmaceuticals Limited

Alembic Q3 up by 38%

Alembic Pharmaceuticals Limited reported its consolidated financial results for the quarter ending 31st December 2019.
Financial Highlights for the same period were revenue for the quarter up 19% to Rs 1209 crores from Rs. 1018 crores
and Net Profit for the quarter up 38% to Rs 234 crores from Rs 170 crores.

Mr Pranav Amin, Managing Director, Alembic Pharmaceuticals Limited said "It was a good quarter for the company led by strong growth in the International Markets. We launched 7 products in the US market during the quarter."

Other operational highlights for the quarter were

International Business
• International formulations grew 48% to Rs 664 crores in the quarter.
• US Generics grew 61 % to Rs 515 crores in the quarter.
• Ex-US Sales grew 15% to Rs 149 crores in the quarter.
• 8 ANDA approvals received during the quarter and total tally stand at 110.
• 6 ANDA filings during the quarter; Cumulative ANDA filings at 176

India Formulations Business
• The India formulations business was Rs 368 crores for the quarter as against Rs
365 crores last year.
API Business
• The API business grew 2% to Rs 553 crores as against Rs 540 crores.
• 2 DMF was filled in the quarter

Tags : #alembic #pharmaceuticals #results #profit #medicircle

02 Apr	DCDC’s $150 Crore Expansion: Can Innovative Clinics End India's Kidney Crisis? As the healthcare landscape evolves, initiatives like these will determine the future of medical care in the country. View
02 Apr	World Autism Awareness Day: Breaking the Chains of Stigma in India Are we ready to create a world that embraces neurodiversity, or will we continue to let ignorance dictate the lives of millions? View
02 Apr	From Scroll to Squint: How Reels Are Reshaping Your Vision By adopting healthier screen habits and prioritizing eye care, we can prevent the irreversible damage caused by prolonged digital exposure. View
02 Apr	The Digital Sleep Thief: How Night-time Screen Addiction is Robbing You of Bed-time Rest By implementing screen-free bedtime routines, reducing blue light exposure, and prioritizing sleep hygiene, we can reclaim the restful nights we deserve. View
02 Apr	High-Rise Heart Attacks: Are Skyscrapers Turning Survival into a Race Against Time? It’s time to prioritize human life over convenience and invest in smarter urban designs to empower communities with the knowledge and tools needed to act swiftly in times of crisis. View
31 Mar	Tired of Stomach Cramps? These Simple Foods Can Heal Your Gut By making mindful food choices, one can significantly reduce symptoms, avoid severe complications, and improve quality of life. View
31 Mar	Doomscrolling at Midnight: How Indians Are Sacrificing Sleep for Screens Public health initiatives should address sleep disorders with the same urgency as other health concerns. By prioritizing sleep, India can take a major step towards improving overall well-being and productivity. View
31 Mar	Essential Medicines Price Surge: Are Patients Paying the Price? As the pharmaceutical landscape evolves, the focus must remain on ensuring that life-saving medicines are within everyone’s reach. View
28 Mar	10 New HIV Cases in 2 Months: Has Kerala’s Drug Problem Gone Too Far? The rise in HIV cases linked to syringe-sharing in Malappuram is a serious reminder that public health efforts must constantly adapt to new challenges. View
28 Mar	Type 2 Diabetes Under Attack: The Unexpected Power of Wearable Tech As research continues to explore the benefits of digital health interventions, it is clear that the future of diabetes care lies at the intersection of technology and lifestyle. View

Trending Now
	The Digital Sleep Thief: How Night-time Screen Addiction is Robbing You of Bed-time RestApril 02, 2025
	KKR Launches ‘Knight Bite’ – A Digital Series That Serves Up Food, Fun, and Cricket!April 02, 2025
	Crompton rolls out its all new range of Aura, Avancer & Jedi Air Coolers for an effortless summer cooling experienceApril 02, 2025
	CARE Hospitals, Hi-Tech City Strengthens Orthopaedics Department with Renowned SurgeonsApril 02, 2025
	World Autism Awareness Day: Breaking the Chains of Stigma in IndiaApril 02, 2025
	From Scroll to Squint: How Reels Are Reshaping Your VisionApril 02, 2025
	Moscow Center for Diagnostics and Telemedicine Receives License for Radiology Residency ProgramApril 02, 2025
	CARE Hospitals Launches AI-Powered Non-Invasive Therapy – An innovative modality introduced in Telangana & Andhra PradeshApril 02, 2025
	High-Rise Heart Attacks: Are Skyscrapers Turning Survival into a Race Against Time?April 02, 2025
	DCDC’s $150 Crore Expansion: Can Innovative Clinics End India's Kidney Crisis?April 02, 2025
	Medanta Rolls Out ‘Colon Tunnel on Wheels’ to Drive Awareness on Colorectal Cancer Prevention & Early DetectionApril 01, 2025
	Zigly launches 2 pet hospitals, opens 4 new stores; expects ARR to more than double in 1-2 yearsApril 01, 2025
	University of Leeds Announces International Masters Regional Scholarships for 2025April 01, 2025
	Avantor Recognized with Two Prestigious Awards at Asia-Pacific Biopharma Excellence Awards 2025April 01, 2025
	Foundation Stone Laid for Madhav Netralaya Eye Hospital & Research CentreApril 01, 2025
	Doomscrolling at Midnight: How Indians Are Sacrificing Sleep for ScreensMarch 31, 2025
	Essential Medicines Price Surge: Are Patients Paying the Price?March 31, 2025
	Prioritize your health during the holy days of RamzanMarch 31, 2025
	Tired of Stomach Cramps? These Simple Foods Can Heal Your GutMarch 31, 2025
	Regional growth booming for startups in 2024 - QBO Innovation studyMarch 31, 2025