Cenexi’s production challenges at its Paris site and continuing normalcy at Belgium site moderated its YoY growth to 8% for Q4 FY25, adds Motilal Oswal
Gland Pharma's Q4 FY25 revenues declined by 7.3% YoY to Rs 14.2 billion. (Photo: company website)
Gland Pharma has faced deterioration in earnings over past three years due to increased competition in its base products and operational losses at its Cenexi business. Having said this, largely steady price erosion in the base portfolio, new launches across key markets, and improving operating performance of Cenexi would drive a 20% earnings CAGR over FY25-27.