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Syngene International Ltd Q2FY25; 9% fall in Profits

Syngene (established in 1993) as a Biocon subsidiary is India’s first Contract Research Organization (CRO) which expanded later to be an integrated service provider offering end-to-end drug discovery, development, and manufacturing services on a single platform (CRAMS). Total research & manufacturing infrastructure for the company is spread across 1.9 million square feet across locations.

Financial Results:

Syngene International Ltd reported Revenues for Q2FY25 of ₹891.00 Crores down from ₹910.00 Crore year on year, a fall of 2.09%.

Total Expenses for Q2FY25 of ₹770.00 Crores down from ₹774.00 Crores year on year, a fall of 0.52%.

Consolidated Net Profit of ₹106.00 Crores down 8.62% from ₹116.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.64, down 8.97% from ₹2.90 in the same quarter of the previous year.

 

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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