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Aurobindo Pharma to commercialise China plant in 3rd quarter of FY25: CFO

Business Standard LogoBusiness Standard12h ago

Aurobindo Pharma to commercialise China plant in 3rd quarter of FY25: CFO - Business Standard

Quick Summary:

Aurobindo Pharma expects its China facility to commence production in the next quarter with full-scale output anticipated only in the next fiscal year, according to Chief Financial Officer Santhanam Subramanian.

The Hyderabad-based drug major plans to start a small volume roll out in the November-December period and expects to ramp it up in the January-March quarter of the next year.

"Our China plant is expected to be commercialised from Q3 FY25, and the ramp up is expected from Q4 FY25," Subramanian said in an analyst call.


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Category: BusinessFinance

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News Sentiment: Neutral

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Article Type: News Report

Published On: 2024-08-19 @ 13:46:04 (12 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 377 words

Reading Time: 3 minutes read

Sentences: 16 lines

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Copyright Owner: © Business Standard

News ID: 22135280

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