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Hyderabad (Telangana) [India], August 3 (ANI/NewsVoir): Balaxi Pharmaceuticals Limited (Balaxi), a branded IPR-based pharmaceutical company headquartered in Hyderabad, reported its results for the first quarter of financial year 2023 ended June 30, 2022. Financial Highlights: Quarterly Financial Results for Quarter ending 30.6.22 are not strictly comparable with Quarter ending 30.6.21 due to the consolidation of Balaxi Healthcare LDA Angola (BHA) which became a wholly owned subsidiary of Balaxi Global DMCC with effect from 1st January 2022. Revenue: The strong growth in revenue of 41.9 per cent YoY in Q1FY23 was driven by the pharmaceuticals business, with the LATAM share increasing to 38 per cent. EBITDA: EBITDA of INR 17.03 Cr. was recorded in Q1FY23, registering 35.6 per cent growth YoY, as the Company, despite the cost structures in new geographies incurred ahead of commercial launches in these countries. Profit After Tax: On the back of strong performance of revenue and higher mar

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