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Result PDFH1FY25 & Q2FY25 Result Announced for Innova Captab Ltd.
Pharmaceuticals company Innova Captab announced H1FY25 & Q2FY25 results
Q2FY25 Financial Highlights:
- Revenue from Operations was Rs 318.2 crore in the quarter vs Rs 282.9 crore last year, registering growth of 12.5%.
- EBITDA grew to Rs 51.9 crore vs Rs 43.8 crore last year. EBITDA Margins also improved to 16.3% vs 15.5% in Q2FY24.
- Profit after Tax improved significantly to Rs 35.0 crore vs Rs 22.9 crore (YoY growth of 52.8%). PAT Margins improved to 11.0% from 8.1%.
H1FY25 Financial Highlights:
- Revenue from Operations grew 18.7% to Rs 612.5 crore vs Rs 516.2 crore during H1FY24.
- EBITDA increased to Rs 96.2 crore vs Rs 76.2 crore (YoY improvement of 26.2%). EBITDA margins improved by 90 bps to 15.7%.
- Profit after Tax grew by 59.2% to Rs 64.5 crore vs Rs 40.5 crore in H1FY24. PAT Margin increased to 10.5% from 7.8%.
Vinay Lohariwala, Managing Director, Innova Captab, said: “As we reflect on our Q2 and first half results for FY25, we are proud to report that our strategic initiatives are yielding tangible growth across all business areas, with a significant improvement in overall profitability.
In Q2 FY25, we achieved YoY revenue growth of 12.5%, while H1FY25 saw an impressive increase of 18.7%. Our PAT demonstrated remarkable growth, with YoY growth of almost 53% in Q2 FY25 and 59% in H1FY25.
We are particularly excited about the progress at our greenfield plant in Jammu, where we recently received ‘Drug Manufacturing License’ from Government of Jammu and Kashmir, Department of Health and Medical Education, Drug Control Organization, Jammu. With other necessary approvals in place, we had already begun manufacturing validation/ trial batches, and now with the receipt of the license, we expect commercialization of the facility within Q3FY25.
Additionally, we are establishing a new R&D facility in Panchkula, Haryana, which will further enhance our innovation capabilities.
Over the past few years, we have consistently demonstrated a high growth trajectory. With these initiatives and by leveraging our existing strengths, we are confident to continue to build growth momentum. We would like to thank our dedicated team and valued stakeholders for their ongoing support as we strive to create a sustainable and prosperous future for our company.”
