Syngene International shares plummet 13%: Here’s what’s worrying investors – Market News
Syngene International’s share price tanked 13.22% to an intra-day low of Rs 650.05 on the National Stock Exchange after its standalone net profit for the reporting quarter of FY25 fell 8.11% to Rs 174.40 crore from Rs 189.80 crore in Q4FY24.
Its earnings per share ( EPS) has declined to Rs 4.34 for the quarter ending March 31, 2025, as against Rs 4.73 in the corresponding quarter of the previous financial year.
However, the company’s revenue stood at Rs 948.40 crore in March 2025, a growth of 9.68% compared with Rs 864.70 crore in Q4FY24. Its operating profit or EBITDA (earnings before interest, tax, depreciation, and amortisation) stands at Rs 328.40 crore in the last quarter of the fiscal year 2024-25, an increase of 4.39%…
