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18-Nov-2024

Kopran

The company continues its focus on new product development


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Kopran hosted a conference call on November 18, 2024, which was attended by the following representatives: Mr. Surendra Somani, Executive Vice Chairman; Mr. Ajit Jain, Chief Executive Officer; and Mr. Sanjay Dosi, Advisor.

Key takeaways of the call

In Q2 FY25, the performance of the API segment was affected by lower API prices, primarily due to competition from China.

Focus on new products continues. The company has started trial production at its Panoli plant. It expects to begin commercial production in the next 3-4 months.

The company expects H2 FY25 to be stronger compared to H1 FY25.

The company continues to focus on complete forward and backward integration for margin improvement.

Management expects utilization levels to improve going forward.

The company is working on CDMO projects with customers from Afr...



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