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Piramal bets on US biopharma rebound
Mint Ahmedabad
|November 07, 2025
Nandini Piramal, chairperson of Piramal Pharma, said a rebound in US biopharma funding could boost future orders, even as the company reported a 9% fall in Q2FY26 revenues, hit by a sharp decline in its contract manufacturing business.
The company reported a net loss of ₹399 crore for the quarter, compared with a profit of ₹23 crore a year ago, while its Ebitda margin shrank to 11% from 18% in Q2FY25.
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