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Concord Biotech Ltd Q2FY25; 19% rise in Profits

Incorporated in 1984, Concord Biotech Limited is an India-based R&D-driven biopharma company and manufacturer of fermentation-based APIs across immunosuppressants and oncology.

Financial Results:

Concord Biotech Ltd reported Revenues for Q2FY25 of ₹310.00 Crores up from ₹262.00 Crore year on year, a rise of 18.32%.

Total Expenses for Q2FY25 of ₹189.00 Crores up from ₹161.00 Crores year on year, a rise of 17.39%.

Consolidated Net Profit of ₹96.00 Crores up 18.52% from ₹81.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹9.15, up 18.22% from ₹7.74 in the same quarter of the previous year.

Tags: biopharma
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