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Aurobindo receives second ANDA approval from US FDA for PEPFAR
Aurobindo receives the first ARV approval from US FDA
USFDA approval received for Unit VIII Facility
Aurobindo receives NABL approval for its Clinical Laboratory
Aurobindo records improved performance quarter on quarter
Successful USFDA Inspection of one more Unit
Obtains 3rd product approval from USFDA
Aurobindo in Forbes list
Best under a Billion - Asia's Rising Companies
Aurobindo receives US FDA approval for Citalopram
A robust generic product portfolio to unveil.
Aurobindo obtains two product approvals from US FDA
Records Rs.272 crore turnover in Q2
First product approval from US FDA received Foray into Regulated Market crosses first major milestone
Company scientists conferred awards
Speech by the Chairman, Mr. P. V. Ramaprasad Reddy at the Annual General Meeting on 31st July 2004
Aurobindo posts Rs.2873 Millions sales and Rs.180 Million profit
Aurobindo net profit at Rs. 127 crs surges by 23%
UK MHRA (UK MCA) approval received for Unit 3
Subscription to preferential issue of equity shares
Aurobindo Q3 PAT grows by 68% Exports soar to 51% of sales
Aurobindo gets its first CoS approval from EDQM & files DMF for Citalopram
Aurobindo's Q2 Net Profit jumps to Rs.321.5 million, spurt by 57%
Preferential Issue of Equity Shares
Aurobindo net profit spurts by 52.75% in Q1
Aurobindo's demonstration of R&D leadership in cephalosporins
Aurobindo Pharma launches cefepime
Second quarter profit jumps  41.13%
Aurobindo implementing ERP package
First quarter profit jumps 34%
Aurobindo posts Net Profit of  Rs. 68.51 crores
Noted Cardiologist Dr. I. Satyamurthy joins Aurobindo Board
Aurobindo Pharma wins award for the best bulk drug company
Shares allotted to Templeton
Brazilian GMP certification received for the speciality generic formulations unit
Aurobindo Pharma acquires equity in Ranit Pharma
Mr. Lanka Srinivas inducted as Additional Director on Board of Aurobindo Pharma
Aurobindo Pharma launches Aztreonam for the first time in India  
Aurobindo Pharma & Citadel promote a joint venture
Aurobindo Pharma welcomes excise duty exemption on anti-HIV drugs in budget
Aurobindo launches Cefactam (Cefoperazone plus Salbactam)
4th generation Cephalosporin – Cefpirome launched
Impressive Q3 performance 
Aurobindo shareholders approve Rs.125 crore Private Placement
Templeton to pick up equity
Aurobindo Pharma Board approves Rs. 125 crore private placement
Aurobindo Pharma launches two more antiretroviral products for HIV treatment
Restructuring on track
Aurobindo introduces two more drugs for treatment of Aids
Imunus Aurobindo launches two new anti-aids drugs
Aurobindo Pharma slashes prices of anti-aids drugs
Restructuring of Facilities
Income crosses Rs. 1000 crore land mark

www.aurobindo.com

Hyderabad, 20th June, 2003

AUROBINDO CROSSES THE LANDMARK NET PROFIT OF RS. 100 CRORES

 
Aurobindo Pharma Ltd., has registered a total income of Rs.1,214 crores  (Rs.1,052 crs) for the year ended  31st March 2003, registering a growth of 15%.

During the period, EBDITA stood at Rs.205.86 crs (Rs.137.04 crs) registering a growth of 50%.  After taking into account interest of Rs.42.59 crs (Rs.42.39 crs), depreciation of Rs.23.18 crs (Rs.15.81 crs) and provision for taxation of Rs.36.95 crs (Rs.20.33 crs), the net profit for the year stood at Rs.103.14 crs (Rs.68.51 crs), registering a growth of 50%.

The above figures are not comparable to that of last year as the fourth quarter figures include the merged entities, Ranit Pharma, Calac and one time income item of Rs.12.43 crores.

The Company’s exports for the year amounted to Rs.579.30 crs (Rs. 495.18 crs) comprising 49% of the total sales. The Net worth of the Company stands at Rs.535.53 crs (Rs.361.77 crs).

The consolidated total income for the year stood at Rs.1,362.16 crs (Rs.1,181.49 crs) and the net profit stood at Rs.86.94 crs (Rs.73.09 crs). Most of the joint ventures and subsidiaries are in the initial operations phase wherein expenses are written off reflecting in lower consolidated profit.

The Board of Directors has recommended a dividend of 35% (30%) for the year, subject to the approval of the shareholders at the AGM.

Aurobindo has committed significant resources to become an R&D led pharma company with presence in regulated and semi-regulated markets.  Aurobindo R&D has achieved important breakthroughs such as obtaining patents and filing several process/product patents. The two API hubs and two formulation hubs are geared up for approvals from regulated markets. The green field API project at Visakhapatnam and the revamped unit at Hyderabad shall be the backbone of APL with global scale of manufacturing.. APL has filed its maiden US DMF in CNS segment and is poised to filing a significant number of DMF’s and ANDA’s during the current year in its efforts to create a robust and broad product portfolio for a successful presence in regulated markets.

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