Skip to content
  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
Daily News India

Daily News India

Just another WordPress site

  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
  • Toggle search form
  • Promoting Environmentally Friendly Behaviour among School Children & Communities of Gujarat and Delhi Lifestyle
  • Regal Kitchen Foods Revolutionizes Culinary Experience at Hotel, Restaurant, and Catering Business Exhibition Lifestyle
  • Meet 10 Most Innovative Companies Transforming Their Sectors in 2025 Business
  • Three-day Global buyer sellers meet on ‘Exports’ begins Business
  • Dr. Harshmeet Arora Secures a Spot in the London Book of World Records for Remarkable Achievements Lifestyle
  • Jabra Evolve2 65 Flex review – A Must-Have for Modern Workspaces Business
  • Popular TV Actor Shakti Arora Features in Podcast with Renowned Dietician Dr. Harshmeet Arora Health
  • Vaishali Deepak: Acting out her dreams into destiny  Entertainment

Dishman Carbogen Amcis Net Revenue stands at Rs. 541 Crores for Q1 FY23

Posted on August 12, 2022 By

Ahmedabad (Gujarat) [India], August 12: Dishman Carbogen Amcis Ltd, a fully integrated CRAMS (Contract Research & Manufacturing) company with strong capabilities right from process research & development to late stage clinical and commercial manufacturing and supply of API to innovator pharmaceutical companies, announces their first quarter (Q1FY23) results.

Financial performance

Consolidated Q1FY23 review

  • Net revenue was Rs. 5,406mn for Q1 FY23 as compared to Rs. 5,507mn in the corresponding period of the previous year
  • EBITDA stood at Rs. 904 mn for Q1 FY23 as compared to Rs. 1,006 mn during the corresponding period of previous year
  • EBITDA Margin at 16.7% for Q1 FY23 as against 18.3% in Q1 FY22
  • Net Profit stood at Rs. 40 mn for Q1 FY23 as compared to Rs. 160 mn in the corresponding period of the previous year 

Q1 FY23Result Highlights

  • Net Revenue at Rs 5,406 mn in Q1 FY23 down by 1.8% YoY mainly on account of lower revenues from Netherlands business.
  • Dishman Carbogen Amcis – NCE APIs and Intermediates revenue increased by 91.9% YoY primarily due to:
    • Increased supplies of APIs and intermediates from Bavla site driven by successful customer audits.
  • Dishman Carbogen Amcis – Quats and Generics revenue increased by 7.1% YoY primarily due to:
    • Increased demand for these products especially in the exports market driven by exceptional operational performance by Naroda site.
  • Carbogen Amcis – CRAMS revenue increased by 3.0% YoY primarily due to:
    • Higher Development revenue comprising 70% of the total revenue for the quarter.
  • Carbogen Amcis – Cholesterol and Vitamin D analogues revenue decreased by 46.0% YoY primarily due to:
    • Carbogen Amcis BV’s Q1FY22 revenue was almost 38% of the total year’s revenue, thus extremely front ended, which is not the case this year. One of the customers last year had stocked up huge amount of inventory in June quarter.
  • EBITDA Margin at 16.3% in Q1 FY23 compared to 18.3% in Q1 FY22 due to:
    • Higher energy costs and higher raw material costs impacted the cost base significantly in Carbogen Amcis BV in the first quarter as compared to last year same quarter.
    • Higher logistics costs have also impacted the cost base globally.
    • One time FX loss impact approximately Rs. 9.00 crores as part of “Other Expenses”

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Business Tags:Business

Post navigation

Previous Post: Humble Motion Pictures & Omjee Star Studios unveil the trailer of Yaar mera Titliaan Warga
Next Post: Mohandai Oswal Hospital in association with Artemis Cardiac Care (ACC) is setting up a world-class cardiology centre in Ludhiana

Related Posts

  • Intersoft Data Labs’s MD, Sandeep Passey Contributes Rs 20 lakh to CM Haryana CSR Fund Business
  • Praveg Transfers Bangaram Island Resort to IHCL Business
  • Newly launched range of products in OOB Smarthome annual dealer’s meet is yet again a testament to its Make-in-India initiative Business
  • Honoring ventures for their exemplary performance to elevate the business scenarios Business
  • Ahmedabad International Literature Festival will be held on 24th, 25th and 26th November 2023 Business
  • Building Business Beyond Boundaries: Awaraj Offers You Quick, Measurable Results from Your Brand Building and Promotion Campaigns! Business

Recent Posts

  • ICAI Pioneers Nationwide MSME Empowerment Drive for ‘Viksit Bharat’
  • Sampre Nutritions Ltd Plans Strategic Fundraising Initiative to Drive Growth and Expansion
  • Rajeev Mahavir’s ‘SUR Music’ Launches in India with Musical Legends and Global Vision
  • Abram Food Limited plans to raise up to Rs. 13.99 crore from public issue, IPO opens on June 24th 2025
  • Breaking the Bollywood Mold: A Film That Honors Hard Work Over Hype

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • A New Era for Cuesports: WPA World Junior Heyball Championship 2024 Concludes in Bangalore Press Release
  • Bengaluru’s Premier Gathering for Business Leaders – ASCENT Bengaluru Chapter Launch Business
  • Chanda Patel Calls Karan Johar ‘Humble Producer Who Champions New Talent’ Lifestyle
  • Growth Expo 2025 Set to Propel India’s Franchise Industry Forward Business
  • Foxtrot DMC: Transforming Travelling into Memorable Adventures Business
  • Celekt launches ‘Mission E-waste’ Business
  • LANXESS showcased its comprehensive portfolio for the Paints & Coatings industry at Paint India 2024 Business
  • Karnavati University Champions Experience-Led Education Through Visionary Leadership of Ritesh Hada Education

Copyright © 2025 Daily News India.

Powered by PressBook News WordPress theme