Pharmaceuticals company Hester Biosciences announced Q1FY25 results:
- Q1FY25 Standalone Divisional Product sales up by 37% & Profit up by 30%
- Q1FY25 Consolidated Divisional Product sales up by 35% & Profit up by 9%
- The divisional performance has demonstrated growth in the current quarter compared to Q1FY24, with sales increasing by 37%.
- The overall sales show a decrease of 9% QoQ, primarily attributed to the one-time sales of other pharmaceutical products in Q1FY24.
- Hester focused on higher-margin products and solutions in Q1FY25, leading to a significant rise in gross profit margin from 57% to 69%.
- Increased revenue from divisional product sales allowed for better absorption of fixed costs, resulting in a 5% improvement in EBITDA%.
- Overall absolute PAT increased by 30% and PAT% ratio increased by 3%, reflecting improved operational efficiency.