JBCPL records growth rate of 29 percent in FY2021-22
Brands of JBCPL are ranked in the top 300 pharmaceutical brands of the Indian Pharmaceutical Market.;
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Mumbai: Amid the ongoing COVID pandemic and the crisis created by it, JB Chemicals & Pharmaceuticals Ltd., has emerged as the fastest growing pharmaceuticals company amongst the top 25 companies in the Indian Pharmaceutical Market during the Financial Year 2021-22 registering an impressive growth rate of 29 per cent outperforming the market rate of 18 per cent as per the moving annual turnover (MAT) basis in March 2022.
JBCPL sales as per IQVIA MAT 22 was at INR 1490.7 crores as compared to INR 1157.4 crores a year back recording growth of 28.8 per cent for FY 22. JB was the fastest growing pharmaceutical company in FY 2021-22. More so, brands of JBCPL are ranked in the top 300 pharmaceutical brands of the Indian Pharmaceutical Market.
Elated on the spectacular growth of JBCPL, Nikhil Chopra, CEO and Whole Time Director, JBCPL said, "We have made a remarkable growth during the financial year 2021-22. Though currently, we are ranked 25 in the Indian Pharmaceutical Market, we target to have the company rank in the top 20 pharmaceutical firms. We have outperformed in the cardiac segment with 3 of its brands marking their presence in the top 300 brands of Indian Pharmaceutical Market."
Read also: JBCPL gets trademark assignment of heart failure drug Azmarda from Novartis
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