The corporate reported PAT of Rs 25.1 crore in Q3FY25
Income from Operations was ₹ 316.5 crores within the quarter vs ₹ 302.5 crores final yr, registering progress of 4.6%
EBITDA grew 9% YoY to ₹50.9 crores vs ₹ 46.9 crores final yr. EBITDA margins additionally improved 60 foundation factors YoY to 16.1% in Q3 FY24.
The CDMO enterprise that constitutes 55% of income rose 3%. Round 75% of Innova’s revenues come from home and the remainder from exports.
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“Key spotlight of the quarter was the profitable launch of operations at our new Kathua, Jammu facility, the place we commenced industrial manufacturing on January 14, 2025,” mentioned Vinay Lohariwala, managing director, Innova Captab.”This enlargement is a cornerstone of our long-term strategic imaginative and prescient, reinforcing our market place and laying the muse for sustained, worthwhile progress, with the added benefit of incentives from the central authorities, we’re optimistic in regards to the constructive impression on profitability from the Jammu operations,” he added.
