asianprimenews
Breaking News
Breaking NewsGeneralPublic Interest

Indegene Limited announces consolidated financial results for the quarter ended March 31, 2024 and Year ended March 31, 2024 Revenue crosses INR 2,500 crores, with strong earnings growth, EPS up 25%

Consolidated Financial Highlights for the Financial Year2023-24(In INR Mn)

Particulars

March 31, 2024

March 31, 2023

YoY Growth

Revenue from operations

25,896

23,061

12.3%

Revenue from operations ($ Mn)

312.8

287.5

8.8%

EBITDA

5,841

4,542

28.6%

Profit before tax

4,586

3,630

26.3%

Profit after tax

3,367

2,661

26.5%

Consolidated Financial Highlights for the Quarter endedMarch 31, 2024


(In INR Mn)

Particulars

Q4FY24

YoY Growth

QoQ Growth

Revenue from operations

6,730

6.5%

0.1%

Revenue from operations ($ Mn)

81.1

5.2%

0.1%

EBITDA

1,643

48.7%

1.4%

Profit before tax

1,336

68.7%

1.0%

Profit after tax

949

94.6%

3.9%

Manish Gupta, Chairman and Chief Executive Officer – “We are pleased with our continued performance this quarter and the full year. Today in the marketplace we are known as a digital first commercialization partner to the global life sciences industry. We have 63 active clients and work with all the top 20 global pharmaceutical companies. Our revenues very closely mirrors the global life sciences industry’s spends on operations. 69% of our revenues come from the top 20 Pharma companies. Global LifeSciences industry is more than USO 1.8 Tn Industry. We are excited about the opportunity in front of us.”

Suhas Prabhu, Chief Financial Officer – “Our financial results reflect our focus on operational excellence, cost optimization and value-driven service delivery. While revenue grew steadily, we delivered strong growth in margins, with a healthy cash conversion and a strong balance sheet, providing us with the flexibility toinvest in growth opportunities. We remain committed to delivering value to our clients and shareholders through deep domain expertise, innovation and operational excellence.”

 

Related posts

Amazon miniTV celebrated 4th April as ‘Family Diwas’ as fans take to social media with family photos to celebrate season 3 of Yeh Meri Family

asianprimenews

This IPL season: Binge-watch these feel-good shows as captivating as Cricket

asianprimenews

International Director Sandrine Bonnaire Joins Forces with Jackie Shroff for “Slow Joe” Biopic

asianprimenews

Leave a Comment