Archive · 6 Aug 2025

Aurobindo Pharma Q1 Profit Down 10%, Elara Capital Maintains Buy

Aurobindo Pharma Q1 Profit Down 10%, Elara Capital Maintains Buy

Aurobindo Pharma, a drug company, saw its profits go down a bit.

However, experts at Elara Capital still think the company is a good investment.

The company is working on new versions of medicines called biosimilars.

A factory producing a key ingredient, Penicillin-G, had a setback, but is expected to increase production soon.

The company's business in Europe is growing, but sales in the US are a concern.

Sources