Q4 2019 Cadila Healthcare Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to Q4 FY '19 Post Results Conference Call for Cadila Healthcare Limited. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Ganesh Nayak, COO and Executive Director of Cadila Healthcare Limited. Thank you, and over to you, Mr. Nayak.
Good evening, and welcome to our post result teleconference for FY '19. We have with us Dr. Sharvil Patel, Managing Director; Mr. Nitin Parekh, Chief Financial Officer; and Mr. Vishal Gor, Senior Vice President Corporate Finance.
We started the financial year 2018/'19 with a high base of 2017/'18, which was created on account of the launches of a few high-value products in the U.S. markets. Despite this, we were able to grow our top line, operating profit and net profit during the year, albeit, at a lower pace.
In terms of new product approvals from the U.S. FDA, the year '18/'19 was similar to the previous year as we
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