CONCORDBIO: Revenue down 5% YoY; injectables, CDMO, and US/India expansion drive future growth

About this update from Concord Biotech Ltd.

Q1 FY26 revenue declined 5% year-over-year to INR 204 crore due to sales lumpiness, with EBITDA and PAT impacted by startup costs at the new injectable facility. Formulation revenue grew 12%, API declined 10%, and the company advanced its US and India market presence, CDMO, and injectables ramp-up.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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