Zydus Lifesciences shares surge nearly 3% after US FDA issues no observations for Ambernath unit

Zydus Lifesciences’ stock saw a nearly 3% jump after the company announced that the US FDA completed a surveillance inspection at its API Manufacturing site in Ambernath, Maharashtra, from February 10 to 14, 2025. The inspection concluded with no observations, marking a positive outcome for the company.

In the exchange filing, the company shared, “We wish to inform that the USFDA conducted a surveillance inspection at the group’s API Manufacturing site situated at Ambernath in Maharashtra. The inspection was conducted from February 10th to 14th, 2025. The inspection concluded with NIL observations.”

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Zydus Lifesciences shares opened at ₹904.30, reaching a high of ₹927.50 and a low of ₹892.00. The stock is currently trading between its 52-week high of ₹1,324.30 and 52-week low of ₹889.00.  As of 11:04 AM, the shares were trading 2.75% higher at Rs 926.65.

Zydus Lifesciences Q3 FY25 Results

Zydus Lifesciences Limited reported impressive financial performance for the quarter ending December 31, 2024. The company achieved consolidated revenue of ₹5,269.1 crore, marking a 16.78% year-on-year increase from ₹4,505.2 crore in Q3 FY24.

Total expenses for the quarter were ₹4,142.5 crore, reflecting a 14.52% rise, primarily driven by higher operational and input costs. Profit before tax (PBT) surged 46.78%, reaching ₹1,044.6 crore, compared to ₹711.7 crore in the same period last year.

Net profit from continuing operations grew by 29.6% YoY to ₹1,023.8 crore, while the overall net profit, including exceptional items, rose by 33.3% to ₹1,023.5 crore. The company also recorded a significant forex gain of ₹183 crore, up from ₹21 crore in Q3 FY24, demonstrating effective currency management.

EBITDA climbed 25.85% year-on-year, totaling ₹1,387 crore, with an improved EBITDA margin of 26.3%, up from 24.5% in Q3 FY24.

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