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Home Press Release

Medicamen Organics Reports 49 Percent Total Revenue Increase In H1 FY25

by admin
November 19, 2024
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Medicamen Organics Reports 49 Percent Total Revenue Increase In H1 FY25
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New Delhi [India], November 19: Medicamen Organics Limited (MOL) (NSE- MEDIORG) one of the prominent players in the pharmaceutical sector specializing in the development, manufacturing, and distribution of an extensive range of pharmaceutical dosages has announced its Unaudited H1 FY25 results

Key Financial Highlights

H1 FY25

• Total Revenue of ₹ 1,685.66 Lakhs, YoY growth of 48.91%

• EBITDA of ₹ 277.44 Lakhs, YoY growth of 15.39%

• Net Profit of ₹ 151.07 Lakhs, YoY growth of 10.88%

Commenting on the Financial Performance, Mr. Bal Kishan Gupta, Managing Director, said,” We are pleased to report significant growth in total income, EBITDA, and net profit for the first half of FY25. This reflects the increasing demand for our organic health solutions and the effectiveness of our operational strategies. Our net profit continues to show positive growth, reinforcing the strength of our business.

Looking ahead, we are confident in our future prospects. Our agility allows us to secure key partnerships with global healthcare leaders, while our robust product pipeline promises the development of more & more products as per market requirements. With low debt, strong financials, and an expanding global presence, we are poised for substantial growth. We are well-positioned to expand and grow in the export sector through our own brands, and we are committed to creating lasting value for our investors.”

Key Operational Highlights 

Expanding Global Reach The Company has signed an MoU with Depot Pharmacy Yego Limited in Rwanda, enhancing its overseas presence and expanding access to quality healthcare products in East Africa.
Strategic Partnership to Expand in French West Africa Signed a Memorandum of Understanding with Mr Vaibhav Kashinath Chaudhari and Mistycube Analytics to form Grande Etoile Pharmaceuticals Ltd.

• Objective: Build a strong business in the FWA market through strong marketing.

• Ownership: MOL will hold a 51% stake in GEPL.

• Investment: Authorized capital of ₹5 crores.

• Operations: GEPL will register products in FWA (own brands).

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.

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