Syngene International Limited CC-Jun24.pdf · 2024-07-25
Thanks for the opportunity. My first question is on the margins. In fact, in the opening remarks you have indicated that there is a limited portion of the manufacturing activity and hence there could be -- and because of that there is a decline in the gross margin this quarter. So is it linked to that Mangalore facility utilization and hence improve activities there and that impacted the margin. If that is the case, could you share what is the kind of utilization that we would be currently having for the Mangalore facility right now?
Sure, sir. Okay. My second point is that regards the facility that has been acquired from Stelis. So post commercialization which you said that okay possibly that will take around 12 months' time after the acquisition completion to be commercialized. So once it is commercialized what is the gestation period one should think about for really se eing the number implication to the overall financials of Syngene. Just if I add sir I just wanted to u nderstand what preparatory timeline that would be required once th e facility will be capitalized a nd how long -- what time that would be required to really see the benefit of that facility in our numbers?