Jubilant Life Sciences, an integrated pharmaceutical industry player and the largest Custom Research and Manufacturing Services Company in India, has signed a long term supply agreement in Proprietary Products business with a leading international Life Sciences company.
The total contract is valued at over $80 million to be supplied in three years from the quarter April-June 2012. This contract has a minimum volume 'take or pay' commitment and has an opportunity to go over $100 million.
This product has a huge demand in the market which is vindicated by the release of advance payment by the customer on the signing of the contract. Further, the company said that it continues to see strong growth in the proprietary products segment and expects to sign a few more contracts during the year.
At present, the company provides life sciences products and services across different sectors. The company’s consolidated net profit rose 52.92% to Rs 77.12 crore for the first quarter ended June 30, 2011, against Rs 50.43 crore in the same period previous fiscal. Total income rose to Rs 948.48 crore for the quarter ended June 30, 2011 up by 15.86% compared with Rs 818.61 crore in the same period previous financial year.
| Company Name | CMP |
|---|---|
| Sun Pharma Inds. | 1675.20 |
| Dr. Reddys Lab | 1235.40 |
| Cipla | 1238.30 |
| Zydus Lifesciences | 942.55 |
| Lupin | 2324.25 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: