Aurobindo Pharma Q1 net profit rises 25% and board approves unit merger
Aurobindo Pharma reported a 25.2% year-on-year rise in consolidated net profit to ₹1,032 crore in the June quarter, driven by higher revenue. The board approved merging wholly owned step-down subsidiaries Eugia Steriles and Eugia SEZ into Eugia Pharma Specialities to simplify group structure and cut corporate overheads. Revenue and API and formulations grew across regions, including strong U.S. and Europe performance.