JUBILANT REPORTS RECORD PERFORMANCE IN FY’19
New Delhi, May 18, 2019: The Board of Jubilant Life Sciences Limited, an integrated global pharmaceutical and life sciences company met today to approve financial results for the quarter and full year ended March 31, 2019.
Commenting on the Company’s performance, Mr. Shyam S Bhartia, Chairman and Mr. Hari S Bhartia, Co-Chairman & Managing Director, Jubilant Life Sciences said:
“The Company reported record performance in revenue and profitability in FY 19 led by robust growth in our Pharmaceuticals segment. Our strategic focus on de-risked business model and being closer to customer with leadership position in key products has driven this growth. Our global competitive edge due to low cost, vertical integration and capacity additions with commitment to ensure high level of compliance will further strengthen our businesses. We witnessed healthy performance during the quarter, which was offset by certain one-time charges. We continue to remain focused on generating operating cash to invest to support our growth and reduce the debt for a strong balance sheet.“
FY19 Highlights
Consolidated
Segment Wise Analysis
A. Pharmaceuticals Segment
B. Life Science Ingredients Segment
C. Others Segment (Including Drug Discovery and India Branded Pharmaceuticals)
Q4’FY19 Highlights
Consolidated
Segment Wise Analysis
A. Pharmaceuticals Segment
B. Life Science Ingredients Segment
C. Others Segment
Outlook
The Company continues to work on its strategic focus on being closer to the customer and further strengthening its leadership position in defined businesses. We expect stable performance in FY20. The Pharma segment is expected to continue to deliver steady revenues with range bound margins across businesses. In LSI segment, growth will be led by Nutrition and Specialty Intermediates businesses. The company is focused on generating operating cash to invest in building a R&D led product pipeline particularly in Specialty Pharmaceuticals business and on strengthening of its balance sheet by reducing debt to ensure sustainable growth.
Earnings Call details
The company will host earnings call at 5.00 PM IST on May 17, 2019, to discuss the performance and answer questions from participants.
Participants can dial-in on the numbers below
Primary Number: + 91 22 6280 1141 / + 91 22 7115 8042
Local Access Number: +91-7045671221 (Available all over India)
Toll Free Numbers:
USA: 1 866 746 2133
UK: 0 808 101 1573
Singapore: 800 101 2045
Hong Kong: 800 964 448
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