logo
Aurobindo Pharma Q4 results: Profit dips to ₹903 cr, revenue up 11%

Aurobindo Pharma Q4 results: Profit dips to ₹903 cr, revenue up 11%

Aurobindo Pharma on Monday reported a marginal dip in its consolidated profit after tax to Rs 903 crore for the fourth quarter ended March 2025.
The Hyderabad-based drug maker posted a profit after tax (PAT) of Rs 907 crore in the January-March quarter of FY24.
Its total revenue from operations stood at Rs 8,382 crore for the fourth quarter compared to Rs 7,580 crore in the year-ago period, Aurobindo Pharma said in a regulatory filing.
For the full year ended March 31, 2025, the company said its PAT rose 10 per cent to Rs 3,484 crore against Rs 3,169 crore in FY24.
The total revenue from operations rose to Rs 31,724 crore last fiscal from Rs 29,002 crore in 2023-24.
"We are pleased to deliver another quarter and year of all-time high sales and EBITDA, reflecting the strength of our core businesses, consistent volume-led growth, and the depth of our differentiated product portfolio," Aurobindo Pharma Vice-Chairman and MD K Nithyananda Reddy said.
The drug firm's European operations continue to perform exceptionally well, moving steadily towards the USD 1 billion revenue milestone, he added.
"Backed by our ongoing capacity enhancements we remain firmly positioned to sustain our trajectory and create long-term value for our stakeholders," Reddy said.
Aurobindo Pharma shares on Monday ended 1.43 per cent down at Rs 1,179.35 apiece on BSE.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Rs 159.59 cr sanctioned for ROBs
Rs 159.59 cr sanctioned for ROBs

Hans India

time15 minutes ago

  • Hans India

Rs 159.59 cr sanctioned for ROBs

Guntur: Union Minister of State for Rural Development Dr Pemmasani Chandrasekhar said the Union Ministry of Railways has sanctioned Rs 159.59 crore for the construction of Syamala Nagar and Sanjeevaiah Nagar ROBs. He made it clear that the Centre will bear full expenditure for the construction. In a statement, he said so far, the Union Ministry of Railways sanctioned ROBs at Sankar Vilas Centre, Gaddipadu, Pedaoalakaluru, Nandivulugu and Mangalagiri at a cost of Rs 572.47 crore. He said he met railway general manager Ajay Jain and thanked him for sanctioning Rs 572.47 crore for ROBs.

Planning to buy a ₹2 crore home? A large down payment can ease your EMI burden and reduce financial stress
Planning to buy a ₹2 crore home? A large down payment can ease your EMI burden and reduce financial stress

Hindustan Times

time38 minutes ago

  • Hindustan Times

Planning to buy a ₹2 crore home? A large down payment can ease your EMI burden and reduce financial stress

We often come across headlines highlighting the booming demand in the luxury real estate segment, with properties worth crores flying off the shelves. While many of these homes are being snapped up by business owners and startup founders, it raises a broader question: Who else is buying such expensive properties? And if you're drawing a healthy salary, how expensive a home can you realistically afford? Probably not a ₹10 crore apartment, but what about something more modest, like a flat worth ₹2 crore? Take, for instance, Bengaluru-based IT professionals Raktim Mitra and Rupsa Mitra, both in their 40s. The couple recently purchased a home worth nearly ₹2 crore. With a combined annual income of ₹75 lakh, they fall in the upper-income bracket, yet their purchase was carefully calculated. Let's break it down. Assuming you want to purchase an apartment worth ₹2 crore through a loan. For a house of ₹2 crore, with a loan and down payment ratio of 80:20 and a loan tenure of 20 years, EMI would be around ₹1.4 lakh a month. and the loan amount will be ₹1.6 crore. This is when the lender charges 8.5% on the loan. Based on the widely accepted rule that EMIs should not exceed 40–45% of your monthly income, you'd need to earn at least ₹3–3.5 lakh per month (or ₹36–42 lakh annually) to comfortably service such a loan, provided you have minimal other liabilities. So, while a ₹2 crore home may seem like a stretch, it is within reach for dual-income families in high-paying sectors like tech, especially when prudent planning and financial discipline are in place. 'As recommended, the maximum EMI-to-income ratio is 40% of monthly net income. This means ₹3,46,798 or say ₹3.5 lakh monthly or a CTC of around ₹42 lakh. To make room for other and incidental expenses, the annual salary must be around ₹45-50 lakh (approximately),' says Madhupam Krishna, Securities and Exchange Board of India (Sebi)-registered investment advisor (RIA) and chief planner, WealthWisher Financial Planner and Advisors. Now, coming back to the down payment of ₹40 lakh plus 10% of fees, the actual required upfront is ₹50–55 lakh. So, if you are on similar financial levels and save 25% of your annual salary, you need seven to eight years of savings. This means that you can buy an expensive home if your salary is high enough. Or you can buy a home, if you pay a sizable down payment to bring your EMI down. In the above case, if you made a down payment of ₹1 crore, your EMI would be within ₹1 lakh, and you would have qualified for it even with a lower salary. 'Most lenders offer up to 80% of the property value as a loan. However, having a sizable upfront corpus helps. A larger down payment not only reduces the EMI burden but also improves your loan eligibility and approval chances,' says Sunil Dewali, co- CEO of Andromeda Sales and Distribution, parent company of Andromeda Realty Advisors. When assessing a home loan application, lenders typically evaluate three key factors: your credit score, your repayment capacity, and the quality of the property being mortgaged. Your credit score, issued by agencies like CIBIL, Experian, or Equifax, reflects how you've managed debt in the past. It takes into account your repayment history, any loan defaults, outstanding credit card dues, and overall credit behaviour. The score is typically 700+. If you have 750+, you may expect better terms. Income stability is key to home loan approval. For salaried individuals, bank checks, salary slips, Form 16, and bank statements for the last six to 12 months. For self-employed individuals, banks verify ITR, business turnover, balance sheets, and bank statements for two to three years. Banks also look at employer reputation, job stability, and industry,' says Krishna. Banks also assess your current debt-to-income ratio. If you already have EMIs (car loan, personal loan), it may reduce your home loan eligibility. Banks also carry out technical and legal due diligence on the property before approving a home loan. This process includes assessing the market value of the property, ensuring the title is clear, with no legal disputes, checking the track record of the developer and verifying RERA registration for under-construction projects. The process also includes verifying approved building plans and, in the case of ready-to-move-in properties, the occupancy or completion certificate. Also Read: Can you afford that 3,000 sq ft apartment after retirement? Think before you invest These checks help ensure that the property is legally sound and worth the investment being financed. For a larger loan amount, the bank may ask for a guarantor or a co-applicant. If your home loan EMI exceeds 40–45% of your take-home pay, you're entering the 'stress zone', and this may affect your ability to save and spend on other essentials. One must use the 50-30-20 rule. Allocate 50% of income for needs such as EMIs, premiums, essentials, 30% for lifestyle expenses, travel and rest 20% savings for life goals. 'When you take out a large loan, it can disrupt this ratio,' says Krishna. 'The key is to ensure that your EMI doesn't exceed 40% of your monthly income. While you might manage for the first year or two by adjusting expenses, it's not sustainable in the long run. That's why it's important to pause and assess before committing to a high-value loan.' Anagh Pal is a personal finance expert who writes on real estate, tax, insurance, mutual funds and other topics

Fidelity marks up IPO-bound Lenskart's valuation to $6.1 billion
Fidelity marks up IPO-bound Lenskart's valuation to $6.1 billion

Time of India

time38 minutes ago

  • Time of India

Fidelity marks up IPO-bound Lenskart's valuation to $6.1 billion

A fund managed by US-based Fidelity has marked up the valuation of omnichannel eyewear retailer Lenskart by over a fifth to $6.1 billion at the end of April 30, according to a monthly portfolio holdings update by the financial services major. This marks a 21% increase of the company's fair value in Fidelity's books compared to the $5 billion valuation at which it acquired the shares in June 2024 during a secondary transaction that also saw Singapore's Temasek join Lenskart's roster of blue-chip investors. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Crossover funds such as Fidelity, which invest both in publicly traded and privately held companies, periodically review the valuation of their portfolio companies. To be sure, the fair value of a company is ascertained on the basis of a number of factors, including financials shared with investors, market conditions and the performance of comparable peers. Since inception in 2010, Lenskart has closed nearly $2 billion in funding, including secondary deals. It is due to set up its largest eyewear manufacturing facility in Telangana with an investment of about Rs 1,500 crore. Live Events As reported by ET, the eyewear retailer is considering a $1 billion public offering at a potential $10 billion valuation, double that of its last funding round as reported by ET. Earlier this month, Lenskart converted into a public company by changing its registered name from Lenskart Solutions Private Limited to Lenskart Solutions Limited through a special resolution passed by its shareholders. Lenskart had closed a $200 million secondary round last June at a $5 billion valuation, with investments from Singapore's sovereign fund Temasek and Fidelity. Separately, in July 2024, Lenskart founders Peyush Bansal , Neha Bansal, Amit Choudhary, and Sumeet Kapahi had invested almost $20 million in the company. Previously, in March 2023, Lenskart had raised $600 million from Abu Dhabi Investment Authority and ChrysCapital. Of this, $450 million was a secondary share sale, which allowed existing investors such as SoftBank and Chiratae Ventures to partially sell their stake in the company. This round had valued Lenskart at $4.5 billion. Lenskart bagged the top honour at The Economic Times Startup Awards 2024 . It was named the Startup of the Year by an elite jury for its success in building a fast-growing, large-scale omnichannel consumer retail venture while creating an entirely new category. In FY24, Lenskart's net loss shrank to Rs 10 crore from Rs 64 crore in FY23, which the company attributed to technology-driven operational efficiencies. Operating revenue rose 43% to Rs 5,428 crore, while earnings before interest, taxes, depreciation, and amortisation (Ebitda) more than doubled to Rs 856 crore. The Gurugram- based company produces about 25 million frames and 30–40 million lenses annually. It operates over 2,500 stores across India and Southeast Asia in addition to a strong online presence. The company has yet to file financial statements for fiscal year 2025 with the Registrar of Companies.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store