FDC Limited — Updates, 12-02-2025: Press Release

**Press Release Summary:**

FDC Limited has reported a decline in its financial performance for Q3 and the first nine months of FY 2024-25. Consolidated operating revenue fell to Rs. 464 crores, down 44.3% YoY, with EBITDA margins declining to 10.1%. Net profit for the quarter dropped 53.2% to Rs. 37 crores. Despite the overall downturn, the API segment showed strong growth, with a 25.6% increase in Q3 and 25.1% for 9MFY25, reflecting a robust performance. The India formulations market grew by 6.9%, contributing significantly to total sales, while the export formulations market is under pressure, particularly from the US market, showing a decline of 20.7% in the first nine months. The company’s focus on its API business indicates potential for recovery, but ongoing challenges in the export segment warrant close monitoring for investors.