The Board of Solara Active Pharma Sciences has approved the unaudited financial results for the quarter and nine months ended December 31, 2024. The key highlights include a revenue of ₹3,018 crore, up 21% year-over-year, with EBITDA margins improving to 19.6%. Significant decisions from the meeting also include the in-principle approval to explore a demerger of the CRAMS and Polymers business into a separate entity, aimed at enabling enhanced focus and growth potential for both segments. Management will initiate preparatory steps for this strategic move.
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