Sequent Scientific Q1 2023 Concall Highlights
Revenue for the quarter was ₹341 Cr. Gross margin for the quarter was 42.4% (compared to 48.1% Q1 FY22). EBITDA margin pre-ESOP 5.9% (compared to 11.2% Q1 FY22) and post-ESOP EBITDA margin of 3.2% (compared to 6.3% Q1 FY22). Revenue from API for the quarter was ₹88.8Cr (2.5% decline YOY). API momentum was impacted due …