Piramal Pharma has reported a consolidated net loss of ₹82 crore for the first quarter ended June 30, 2025.
The Mumbai-based drug firm had reported a loss of ₹89 crore in the April-June quarter a year ago.
Revenue from operations declined to ₹1,934 crore in the first quarter of this fiscal, as against ₹1,951 crore in the year-ago period, Piramal Pharma said in a late night regulatory filing on Monday.
"Excluding the impact of destocking in one large on-patent commercial product, our CDMO business delivered mid-teen revenue growth during the quarter accompanied by improvement in EBITDA margin, especially at our overseas sites," Piramal Pharma Ltd Chairperson Nandini Piramal said.
Growth in complex hospital generics (CHG) business is also expected to pick up for the remaining part of the year given the timing of some of the institutional orders, she added.
"Withstanding the near-term challenges, we believe we are on track to achieve our FY2030 aspirations of becoming a USD 2 billion revenue company with 25% EBITDA margin and high-teen ROCE," Piramal said.
Shares of the company were trading 1.05% down at ₹202.20 apiece on BSE
