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Piramal Pharma Narrows Q1 Loss to Rs 82 Crore and Reaffirms FY2030 Revenue Goal

Complex hospital generics growth depends on timing of institutional orders.

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Overview

  • The company posted a consolidated net loss of Rs 82 crore for Q1 FY2025, improving from a Rs 89 crore loss a year earlier.
  • Revenue dipped one percent to Rs 1,934 crore as destocking of a major on-patent product weighed on sales.
  • Excluding the destocking impact, the CDMO segment delivered mid-teen revenue growth and stronger EBITDA margins at overseas sites.
  • Management expects complex hospital generics to pick up later this fiscal as institutional order cycles align.
  • Leadership reiterated its goal to achieve USD 2 billion in revenue with a 25 percent EBITDA margin and high-teen ROCE by FY2030.