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Welcome To IANS Live - BUSINESS - Barclays again lowers India's FY22 growth forecast


Photo Credit: IANS
IANSLive
Mumbai, May 25 (IANS) As India battles the severe second wave of Covid-19 and the states undergo lockdowns, Barclays has cut its growth estimate for India for the current financial year to 9.2 per cent.
 
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Balaxi Pharmaceuticals reports a PAT of INR 381 million for FY21; further strengthens the Product Pipeline


Balaxi Pharmaceuticals reports a PAT of INR 381 million for FY21; further strengthens the Product Pipeline
HYDERABAD, India, May 24, 2021 /PRNewswire/ Balaxi Pharmaceuticals Limited (Balaxi), a branded IPR-based pharmaceutical company headquartered in Hyderabad, reported its results for the quarter and year ended 31st March 2021.
Financial Highlights - Q4 & FY21:
16.5%
The Company recorded a revenue of INR 530 million for Q4F21, the drop in revenue in the fourth quarter is normal as China is shut down for most of the quarter due to the Chinese New Year holiday.
EBITDA of INR 100 million for Q4FY21; EBITDA margin stood at 18.9%.
Reported PAT of INR 84 million for Q4FY21. ....

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