Syngene Q3FY24 Results: Revenue Climbs 9% YoY Amid Challenges😲

Despite a weak funding environment, the company grew its consolidated revenue from operations by 9% YoY but de-grew by 6% from Q2FY24 to Q3FY24🔽

EBITDA grew by 5% YoY and quarterly it slumped by 5% from ₹276 Cr in Q2FY24 to ₹248 Cr in Q3FY24👀

PAT grew moderately by 2% YoY but recorded a de-growth of 4% quarterly from ₹117 Cr in Q2FY24 to ₹110 Cr in Q3FY24

However, the margins in Q3FY24 stood almost flat compared to previous quarters

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