Syngene delivers broad based growth of 28% in H1 FY16

Revenues at Rs. 4,982 Mn, EBITDA at Rs. 1,638 Mn and Net Profit at Rs. 959 Mn

Bengaluru/New Delhi, October 20 2015: Commenting on this performance, Mr. Peter Bains, Executive Director and Chief Executive Officer - Syngene International Limited said, In our debut results announcement following Syngene?s successful IPO in August, we are very pleased to report a comprehensively strong set of numbers for H1 FY16.

Syngene has delivered a strong growth of 28% in Revenues, with our EBITDA and PAT growing by 27% and 29% respectively for the first half of this fiscal.

We have witnessed sustained momentum in our business across our dedicated centers, discovery and development service platforms. Our recent capacity expansion in manufacturing services, has helped us keep pace with the increasing requirements of our clients. We continue with our investments in the discovery and development space to support our partners? evolving needs and to deliver sustained value to our shareholders.?

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