Q1FY22 Earnings Presentation
8
Strides
Other regulated market reports a weak quarter, business to bounce back starting Q2FY22
Financial Performance (*/$M)
QUARTER ON QUARTER
2,722
$37
€2,232
$30
DQ4FY21 DQ1FY22
YEAR ON YEAR
2,606
$35
* 2,232
$30
OQ1 FY21 0Q1FY22
>>> - 18% QoQ
>>>
-
14% YoY
Business Updates
Revenues from other regulated markets for Q1FY22 stood at *2,232m
($30m), down 14% YoY, representing 32% of consolidated revenues for
Q1FY22
Performance during the quarter was impacted due to significant decline
in prescription generations for Rx and OTC products owing to 2nd Covid-
19 wave and lockdown in UK / other parts of Europe
Witnessed supply delays for partnered business owing to significant
disruptions at our manufacturing sites in India with surge in Covid-19
cases during the quarter
Continued R&D investments for portfolio building, focus on consistent
product launches
Near Term Outlook
Healthy order book across markets to drive a bounce back starting
Q2FY22
Business outlook continues to be robust, the business will benefit from a
enhanced market footprint and a large product basket available for
commercialization
6
YoY comparison in INR reportedView entire presentation