Supriya Lifescience eyes strong growth with speedy expansion
Supriya Lifescience eyes strong growth with speedy expansion POSTED by NILESH WAGHELA Mumbai: Supriya Lifescience Ltd, a prominent player in the active pharmaceutical ingredient (API) manufacturing sector is on fast expansion mode. Company has exhibited a strong revenue growth on a YoY basis driven by robust growth in anaesthetic segment and double-digit growth in the vitamins segment. The company was able to continue the growth momentum by penetrating into regulated markets such as Europe where the revenue contribution has significantly increased. Profitability margins expanded on account of favorable geographical mix and product mix, says, Director, Supriya Lifescience Ltd, Ms. Saloni Wagh. New product approvals, and scaling up of molecules in regulated markets will drive growth going forward, she added. The contract development manufacturing organisation projects which are in the pipeline can contribute significantly to top-line and profitability over the long term, said ...