DRL trims workforce costs by 25% amid Revlimid-linked margin strain

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DRL trims workforce costs by 25% amid Revlimid-linked margin strain - Business Standard

Quick Summary:

The remuneration calculated does not include perquisites related to employee stock options,” DRL’s FY24 annual report stated.

There was a 14 per cent increase in the total remuneration of executive directors and key managerial personnel due to computation of remuneration on an accrual basis for executive directors and on an actual basis for key managerial personnel.

The brokerage expects DRL’s revenue to record a 10 per cent compound annual growth rate (CAGR), while Ebitda is projected to grow at 3 per cent CAGR over FY24 to FY27.