Emcure Pharma Q1 profit jumps 36%, revenue rises 23%; appoints Samit Mehta as COO

"We have begun FY27, the second year of our five-year plan—on a strong footing. FY26 was about putting the building blocks in place across teams, portfolio, integration and operating discipline. FY27 is about delivery, and Q1 is an encouraging ear...

supported by momentum across geographies. EBITDA grew 25.8% to Rs 508 crore, with margin improving to 19.7%, up 50 basis points year-on-year, reflecting productivity gains and operating leverage, the company said in a press release. Net profit for the period grew at 36.2% to Rs 292.50 crore.

"We have begun FY27, the second year of our five-year plan—on a strong footing. FY26 was about putting the building blocks in place across teams, portfolio, integration and operating discipline. FY27 is about delivery, and Q1 is an encouraging early signal,” said Satish Mehta, Managing Director and CEO Emcure Pharmaceuticals.

The company announced the appointment of Samit Mehta as Chief Operating Officer of Emcure. In July, Emcure completed the acquisition of 12.05% minority stake in Gennova Biopharmaceuticals, making it a wholly-owned subsidiary. Samit is also the Chief Executive Officer of Gennova.
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Business News › Industry › Healthcare/Biotech › Pharmaceuticals › Emcure Pharma Q1 profit jumps 36%, revenue rises 23%; appoints Samit Mehta as COO
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