Latest news with #SatyanarayanaChava
New Indian Express
18-05-2025
- Science
- New Indian Express
Results of innovation should reach grassroots: Andhra governor S Abdul Nazeer
ANANTAPUR: Governor and Chancellor S Abdul Nazeer presided over the 14th Convocation of Jawaharlal Nehru Technological University (JNTU), Anantapur, on Saturday. The Governor awarded 41 gold medals to meritorious students and conferred an honorary doctorate on Dr Satyanarayana Chava, CEO of Lawrence Labs in Hyderabad. Pujith Kumar Reddy won six gold medals, the highest number, followed by Supraja with four. JNTUA Vice-Chancellor (V-C) Professor Ph Sudarshana Rao presented the university's progress report. The Governor hailed the university's contribution to technical education across Rayalaseema and its implementation of the National Education Policy (NEP) 2020. He stressed the need for skill-based learning, innovation, and inclusive development. He cited initiatives such as Quantum Valley, Andhra Pradesh State Skill Development Corporation (APSSDC) job fairs, and the Viksit Bharat and Swarna Andhra 2047 missions as vital for creating a self-reliant and equitable India. Nazeer urged students to explore rural innovation, engage with startups, and uphold civic responsibility. He quoted Abdul Kalam and Tagore, encouraging graduates to be skilled, compassionate leaders. He concluded by wishing them a purposeful journey ahead, calling them the torchbearers of a developed India. Professor MR Madhav, former IIT Kanpur faculty, served as chief guest.
United News of India
24-04-2025
- Business
- United News of India
Laurus labs Q4FY25 net profit rises 208 pc to Rs 234 cr
Hyderabad, Apr 24 (UNI) Laurus Labs Ltd., a leading research and development driven pharmaceutical and biotech company in India, on Thursday said that its net profit increased 208 per cent to Rs 234 crore for the fourth quarter ended March 31,2025 as against Rs 76 crore for the corresponding quarter of FY24. The Hyderabad-based Pharma Company's revenues during the quarter rose 19 per cent to Rs 1,720 crore as compared with Rs 1,440 crore in 4QFY24, a release said here. For the full year, the company's profit rose 122 per cent to Rs 358 crore as against Rs 161 crore in FY24, while revenues increased to Rs 5,554 crores in FY25 from Rs 5,041 crore in FY24. Dr. Satyanarayana Chava, Founder & Chief Executive Officer commented; 'We delivered very good Q4 results and continued our transformative progress, reflecting robust demand for our CDMO offerings and meeting complex customer needs, supported by growth in FDF division. These results demonstrate the strength of our business model and give us confidence in our outlook. We are deepening our cooperation with major clients, and augmenting it with promising BD and capacity creation. Our business remains well positioned to evolve into a well-diversified CMO/CDMO company with promising pipeline, enabling several technology platforms and commercial excellence, thanks to team commitment to the unified vision of delivering high quality integrated solution and securing our long-term growth potential.' VV Ravi Kumar, Executive Director & Chief Financial Officer commented; 'Despite the ongoing macroeconomic challenges, we have witnessed a high level of demand for our offerings. For Q4, we delivered Rs 1,720 crore in revenues, growth of 19 per cent and Rs 477 crore EBITDA grew by 84 percent, resulting in 27.7 percent margin. Gross margins remained healthy at 55 percent due to favorable CDMO mix and process optimization measures. The fundamentals of our business remain healthy'. Overall FY25 results, we have delivered revenues of Rs 5,554 crore , representing 10 percent growth and EBITDA stood at Rs 1,115 crore, growth of 40 percent. The EBITDA margin of 20.1 percent has substantially improved, supported by continuing operating leverage within CDMO business, he said.. Going ahead, we remain confident in our growth expectations as we look forward to executing on long lead programs, new assets ramp up with revenue increasing over FY25 with continued focus on operational excellence. Our capital allocation strategy remains unchanged, prioritizing investments into high value business opportunities, he added. UNI KNR RN
Business Standard
24-04-2025
- Business
- Business Standard
Laurus Lab Q4 PAT soars to Rs 234 cr
Laurus Lab reported a 209.05% surge in consolidated net profit to Rs 233.67 crore in Q4 FY25 as compared with Rs 75.61 crore in Q4 FY24. Revenue from operations jumped 19.49% YoY to Rs 1,720.30 crore in Q4 FY25. Profit before tax (PBT) soared 191.17% to Rs 312.34 crore during the quarter ended 31st March 2025. EBITDA stood at Rs 477 crore in Q4 FY25, recording growth of 84%, as compared with Rs 259 crore in Q4 FY24. It includes one-time gain of Rs 59 crore from sale of land in 4Q FY25. EBITDA margin expanded to 27.7% in Q4 FY25 as against 18% in Q4 FY24. Revenue from CDMO segment jumped 85% to Rs 490 crore in Q4 FY25 as compared with Rs 265 crore in Q4 FY24. In Q4 FY25, revenue from small molecules jumped 95% YoY to Rs 461 crore, driven by several mid-to-late stage NCE deliveries and steady increase in sales from new manufacturing assets. While revenue from Bio business remained flat YoY at Rs 29 crore during the quarter. Revenue from generics business rose 5% to Rs 1,230 crore during the quarter as compared with Rs 1,175 crore in Q4 FY24. Revenue from API business declined 8% YoY to Rs 686 crore in Q4 FY25, while revenue from Finished Dosages Form (FDF) climbed 27% YoY to Rs 544 crore during the quarter. The company said that multiple integrated CMO contract signed, supplies started. FDF manufacturing lines expansion on track coming online by Dec-25. Continued investments in growth projects with CAPEX at 12% of Revenue to support long term growth the company stated in exchange filing. On financial year basis, the companys consolidated net profit surged 123.18% to Rs 358.32 crore in FY25 as compared with Rs 160.55 crore in FY24. Revenue from operations jumped 10.18% to Rs 5,553.96 crore in FY25 as against Rs 5,040.83 crore in FY24, driven by robust demand environment for the companys CDMO offering and higher FDF sales. Satyanarayana Chava, founder & chief executive officer commented; Our business remains well positioned to evolve into a well-diversified CMO/CDMO company with promising pipeline, enabling several technology platforms and commercial excellence, thanks to team commitment to the unified vision of delivering high quality integrated solution and securing our long-term growth potential. V V Ravi Kumar, executive director & chief financial officer commented; Despite the ongoing macroeconomic challenges, we have witnessed high level of demand for our offerings. For Q4, we delivered Rs 1,720 crore in revenues, growth of 19% and Rs 477 crore EBITDA grew by 84%, resulting in 27.7% margin. Gross margins remained healthy at 55% due to favorable CDMO mix and process optimization measures. The fundamentals of our business remain healthy. Overall FY25 results, we have delivered revenues of Rs 5,554 crore, representing 10% growth and EBITDA stood at Rs 1,115 crore, growth of 40%. The EBITDA margin of 20.1% has substantially improved, supported by continuing operating leverage within CDMO business. Going ahead, we remain confident in our growth expectations as we look forward to execute on long lead programs, new assets ramp up with revenue increasing over FY25 with continued focus on operational excellence. Our capital allocation strategy remain unchanged, prioritizing investments into high value business opportunities. Meanwhile, the companys board approved a 2nd interim dividend of Rs 0.80 per share of Rs 2 each for FY25. The company has fixed May 09, 2025 as the record date for the said dividend. The amount will be paid on or after May 20, 2025. Laurus Labs is a research-driven pharmaceutical manufacturing organization, it has been developing and assisting its client organizations to succeed in innovative medicines that globally enhance the health outcomes for patients. It has three business divisions Generics (API+FDF), CDMO (Synthesis) and Bio. The counter shed 0.51% to end at Rs 647.15 on the BSE.
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Business Standard
24-04-2025
- Business
- Business Standard
Laurus Labs Q4 results: Net profit rises three-fold to Rs 234 crore
Drug firm Laurus Labs on Thursday said its consolidated profit increased three-fold to Rs 234 crore for the March quarter, driven by strong sales. Drug firm Laurus Labs on Thursday said its consolidated profit increased three-fold to Rs 234 crore for the March quarter, driven by strong sales. The Hyderabad-based company reported a net profit of Rs 76 crore for the same quarter of FY24. Revenue increased to Rs 1,720 crore for the fourth quarter as compared with Rs 1,440 crore in the year-ago period, Laurus Labs said in a regulatory filing. For FY25, the company said its profit rose to Rs 358 crore as against Rs 161 crore in the 2023-24 fiscal year, it added. Revenue increased to Rs 5,554 crore in last fiscal year as compared with Rs 5,041 crore in the 2023-24 financial year. "We delivered very good Q4 results and continued our transformative progress, reflecting robust demand for our CDMO offerings and meeting complex customer needs," Laurus Labs Founder & CEO Satyanarayana Chava said. The company is deepening its cooperation with major clients, and augmenting it with promising BD and capacity creation, he added. "Our business remains well positioned to evolve into a well-diversified CMO/CDMO company with promising pipeline, enabling several technology platforms and commercial excellence, thanks to team commitment to the unified vision of delivering high quality integrated solution and securing our long-term growth potential," Chava said. Going ahead, the company remains confident in its growth expectations as it looks forward to execute on long lead programs, new assets ramp up with revenue increasing over FY25 with continued focus on operational excellence, CFO V V Ravi Kumar said. "Our capital allocation strategy remain unchanged, prioritising investments into high value business opportunities," he added. The company said its board has approved second interim dividend of Rs 0.80 per share of Rs 2 each for the financial year 2024-25. Shares of the company were trading 0.51 per cent down at Rs 647.15 apiece on the BSE.
Time of India
24-04-2025
- Business
- Time of India
Laurus Labs Q4 Results: Profit soars 3-fold to Rs 234 crore; revenue at Rs 1,440 crore
Live Events Drug firm Laurus Labs on Thursday said its consolidated profit increased three-fold to Rs 234 crore for the March quarter, driven by strong sales. The Hyderabad-based company reported a net profit of Rs 76 crore for the same quarter of FY24. Revenue increased to Rs 1,720 crore for the fourth quarter as compared with Rs 1,440 crore in the year-ago period, Laurus Labs said in a regulatory FY25, the company said its profit rose to Rs 358 crore as against Rs 161 crore in the 2023-24 fiscal year , it increased to Rs 5,554 crore in last fiscal year as compared with Rs 5,041 crore in the 2023-24 financial year."We delivered very good Q4 results and continued our transformative progress, reflecting robust demand for our CDMO offerings and meeting complex customer needs," Laurus Labs Founder & CEO Satyanarayana Chava company is deepening its cooperation with major clients, and augmenting it with promising BD and capacity creation, he added."Our business remains well positioned to evolve into a well-diversified CMO/CDMO company with promising pipeline, enabling several technology platforms and commercial excellence, thanks to team commitment to the unified vision of delivering high quality integrated solution and securing our long-term growth potential," Chava ahead, the company remains confident in its growth expectations as it looks forward to execute on long lead programs, new assets ramp up with revenue increasing over FY25 with continued focus on operational excellence, CFO V V Ravi Kumar said."Our capital allocation strategy remain unchanged, prioritising investments into high value business opportunities," he company said its board has approved second interim dividend of Rs 0.80 per share of Rs 2 each for the financial year 2024-25. Shares of the company were trading 0.51 per cent down at Rs 647.15 apiece on the BSE.
