Q1 2023 Torrent Pharmaceuticals Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to the Torrent Pharmaceuticals Limited Q1 FY '23 Earnings Conference Call. We have with us today Mr. Aman Mehta, Executive Director and Chief Marketing Officer, India Business; Mr. Sanjay Gupta, Executive Director, International Business; Mr. Sudhir Menon, Executive Director, Finance and Chief Financial Officer. (Operator Instructions)
I now hand the conference over to Mr. Sudhir Menon. Thank you and over to you, sir.
Good evening and welcome everyone to Quarter 1 FY '23 earnings call. Quarter 1 continued to witness strong growth momentum in the branded generic market led by robust India performance. The branded generic markets constituted 70% of our total revenue. And on an overall basis grew by 15% on a Y-o-Y basis, aided by market share gain, performance of top brands and new launches. Sequentially, there is an improvement in EBITDA margin mainly led by the cost initiatives which we had guided earlier in the previous
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