New Delhi, February 02, 2019:
The Board of Jubilant Life Sciences Limited, an integrated global pharmaceutical and life sciencescompany met today to approve financial results for the quarterended December 31, 2018.
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 continued record performance in revenues and profits is driven by robust results in all key businesses in the Pharmaceuticals segment, especially in our CDMO and US Generic businesses. We expect to continue healthy performance going forward in the Pharmaceuticals segment and steady performance in Life Science Ingredients segment and generate adequate cash to invest to support our growth and reduce the debt for a strong balance sheet.”
Q3’FY19 Highlights
Consolidated
Segment Wise Analysis
A. Pharmaceuticals Segment
B. Life Science Ingredients Segment
C. Others Segment
9M’FY19 Highlights
Consolidated
Segment Wise Analysis
A. Pharmaceuticals Segment
B. Life Science Ingredients Segment
C. Others Segment
Outlook
We maintain guidance of better performance in H2’FY19 as compared to H1’FY19 in both Pharmaceuticals and LSI segments driven by growth in existing products and capacity expansions for new product launches. The company has in place strategic levers for growth in revenues and profitability over the medium term. We continue to work towards strengthening of the balance sheet by reducing debt and thereby improving financial ratios.
Note: Other Income in Q3’FY19 includes forex gain of Rs 25 Crore on account of loan restatement
Earnings Call details
The company will host earnings call at 5.00 PM IST on Feb 1, 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
Corporate Comm India(CCI Newswire)
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