Australia biz expanded; rebounded strongly in India & EMs: Strides Shasun

In an interview to CNBC-TV18, Shashank Sinha, Managing Director of Strides Shasun spoke about the results and his outlook for the company.

We have grown strongly in the regulated market, said Sinha.

He further said that last quarter we had communicated that we are awaiting approval for two new products. We were successful launching them in time and that has driven growth.

Sinha also mentioned that business in Australia has expanded. We have rebounded strongly in emerging markets and in India, post goods and services tax (GST), the business rebounded quite strongly.