Concord Biotech Ltd.NSE: CONCORDBIO

CONCORDBIO: Stable Q3 with strong margins and 10% nine-month revenue growth; 25% CAGR outlook maintained

· Issued by Concord Biotech Ltd.

Q3 FY25 saw stable results with 1% revenue growth and strong margins, while nine-month revenue rose 10% year-over-year, led by a 42% increase in formulations. Management maintains a 25% CAGR growth outlook, with new product launches, capacity ramp-up, and sustainability initiatives supporting future performance.

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