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Tata Consumer Q3FY26 Revenue Up 15% to ₹5,112 Cr; Net Profit Surges 36% YoY
Tata Consumer Products reported a strong Q3FY26 with consolidated revenue growing 15% YoY to ₹5,112 crore, driven by robust performance in India Foods and International segments. EBITDA margins expanded by 120 bps to 14.2%, resulting in a 36% jump in Group Net Profit to ₹385 crore. The 'Growth' businesses, including Tata Sampann and RTD, crossed the ₹1,000 crore quarterly revenue milestone with a 29% YoY increase. While the salt business saw 15% volume growth, the tea segment remained modest with 3% growth amid stable input costs.
Key Highlights
Consolidated EBITDA grew 26% YoY to ₹728 crore with margins expanding 120 bps to 14.2%
India Foods segment revenue rose 19% YoY, led by a 45% surge in Tata Sampann sales
Salt business delivered 14% revenue growth on the back of 15% volume growth
International business revenue grew 18% YoY, supported by strong US Coffee performance
Ready-to-Drink (RTD) portfolio maintained momentum with 26% revenue and 27% volume growth
💼 Action for Investors
Investors should focus on the successful scaling of 'Growth' businesses and margin expansion as the company diversifies beyond tea. The stock remains a strong play on the Indian FMCG premiumization and distribution expansion story.
Tata Consumer Q3 Net Profit Jumps 36% to Rs 385 Cr; Revenue Up 15% on Strong Volumes
Tata Consumer Products reported a strong Q3 FY26 with a 36% YoY increase in net profit to Rs 385 crores and a 15% rise in revenue to Rs 5,112 crores. The performance was driven by 15% volume growth in the India Branded business and a robust 29% growth in its emerging 'Growth' businesses. EBITDA margins improved significantly, growing 26% YoY to Rs 728 crores, aided by lower input costs in the tea segment. The company also reached a major milestone with Tata Starbucks crossing the 500-store mark during the quarter.
Key Highlights
Revenue from operations grew 15% YoY to Rs 5,112 Crores with 15% India Branded volume growth.
Consolidated EBITDA rose 26% to Rs 728 Crores, while Group Net Profit surged 36% to Rs 385 Crores.
Tata Sampann recorded 45% growth, and the Ready-to-Drink (RTD) segment grew 26%.
India Coffee business revenue increased by 40%, and Salt revenue grew 14% with strong volumes.
Tata Starbucks reached a milestone of 504 stores across 81 cities after adding 12 new stores.
💼 Action for Investors
Investors should view this as a strong performance indicating successful premiumization and expansion into high-growth categories like RTD and Sampann. The stock remains a solid long-term play in the FMCG sector given the margin expansion and volume-led growth.
HMVL Q3 PAT Drops 95% YoY to ₹0.89 Cr Due to Exceptional Items; Sameer Singh Appointed MD
Hindustan Media Ventures Limited (HMVL) reported a sharp 95% YoY decline in consolidated Net Profit to ₹89 Lakhs for Q3 FY26, down from ₹1,799 Lakhs in the previous year. This decline was primarily driven by a one-time exceptional charge of ₹1,609 Lakhs related to the implementation of new Labour Codes. While revenue from operations grew 7.5% YoY to ₹21,224 Lakhs, the bottom line was severely impacted by these regulatory-driven costs. Additionally, the board has appointed Shri Sameer Singh as Managing Director for a five-year term starting March 1, 2026.
Key Highlights
Revenue from operations increased 7.5% YoY to ₹21,224 Lakhs in Q3 FY26.
Consolidated Net Profit (PAT) fell to ₹89 Lakhs from ₹1,799 Lakhs in Q3 FY25.
Recognized an exceptional loss of ₹1,609 Lakhs for incremental gratuity and compensated absences under new Labour Codes.
EBITDA decreased to ₹2,339 Lakhs compared to ₹2,573 Lakhs in the same quarter last year.
Shri Sameer Singh appointed as Managing Director for a five-year term effective March 1, 2026.
💼 Action for Investors
Investors should be cautious as the sharp profit decline reflects significant regulatory-driven cost pressures, despite modest revenue growth. Monitor the transition to the new leadership under Sameer Singh for potential strategic shifts in the core print business.
Tata Consumer Explores Sale of Property and Stake in Subsidiary TRIL Constructions Limited
Tata Consumer Products Limited (TCPL) has announced that its Board is exploring the potential sale of property held by its subsidiary, TRIL Constructions Limited (TRILC). The proposal also includes the possibility of selling TCPL's entire shareholding in TRILC to monetize assets. Currently, the process is in an exploratory stage, and no definitive agreements have been signed as of January 27, 2026. This move aligns with a strategy to potentially streamline the portfolio and unlock value from non-core assets.
Key Highlights
Board discussed potential sale of property held by subsidiary TRIL Constructions Limited
Proposal includes the potential sale of the Company's entire shareholding in TRILC
No definitive agreement has been executed as of the announcement date January 27, 2026
The proposal is currently exploratory in nature with further disclosures expected upon finalization
💼 Action for Investors
Investors should monitor future updates regarding the valuation and execution of this sale, as it could result in a one-time cash infusion. This divestment may signal a focus on core FMCG operations by exiting construction-related holdings.
HMVL Q3 PAT Drops to ₹0.89 Cr Due to ₹16.1 Cr Exceptional Charge; Sameer Singh Appointed MD
Hindustan Media Ventures Limited (HMVL) reported a sharp decline in consolidated Profit After Tax (PAT) to ₹89 Lakhs for Q3 FY26, down from ₹17.99 Crore YoY, primarily due to a one-time exceptional charge of ₹16.09 Crore related to the new Labour Codes. However, Revenue from Operations showed healthy growth of 7.5% YoY, reaching ₹212.24 Crore. The company also announced a significant leadership change with the appointment of Sameer Singh as Managing Director for a five-year term starting March 2026. While the bottom line was impacted by regulatory provisions, core EBITDA remained resilient at ₹23.39 Crore.
Key Highlights
Consolidated Revenue from Operations grew 7.5% YoY to ₹212.24 Crore in Q3 FY26.
Reported a one-time exceptional loss of ₹16.09 Crore due to provisions for the new Labour Code (gratuity and compensated absences).
Net Profit (PAT) fell significantly to ₹0.89 Crore from ₹17.99 Crore in the same quarter last year.
Sameer Singh appointed as Managing Director effective March 1, 2026, for a 5-year tenure.
Nine-month (9M FY26) revenue stands at ₹592.10 Crore, up from ₹531.64 Crore YoY.
💼 Action for Investors
Investors should treat the profit decline as a non-recurring accounting adjustment due to regulatory changes and focus on the 7.5% revenue growth. Monitor the leadership transition in March 2026 for any shifts in the company's digital or print strategy.
Tata Consumer Q3 Standalone Revenue Up 15% to ₹3,684 Cr; Operating Margins Expand to 11.5%
Tata Consumer Products reported a robust 15% YoY growth in standalone revenue for Q3 FY26, reaching ₹3,684 crore, driven by strong performance in both branded and non-branded segments. Although standalone net profit decreased to ₹320.6 crore from ₹569.8 crore YoY, this was primarily due to a high base effect from a ₹390 crore dividend received from subsidiaries in the previous year's quarter. Operating efficiency improved significantly, with margins rising to 11.52% from 8.49% YoY, supported by tapering tea cost inflation. The company maintains a very healthy balance sheet with a debt-equity ratio of 0.05.
Key Highlights
Standalone Revenue from operations grew 15% YoY to ₹3,684.02 crore for the quarter ended December 31, 2025.
Operating margins improved to 11.52% from 8.49% YoY, reflecting better cost management and lower tea inflation.
Standalone Net Profit of ₹320.64 crore was impacted by the absence of a ₹390 crore one-time dividend income present in the base year.
Exceptional items for the quarter included a ₹35 crore profit from non-core asset sales, offset by a ₹17 crore provision for new labour codes.
Interest Service Coverage Ratio remains strong at 21.05, indicating high financial stability.
💼 Action for Investors
Investors should look past the optical decline in net profit, which was caused by a one-time dividend in the previous year, and focus on the strong 15% revenue growth and expanding operating margins. The company's core business performance remains healthy, making it a solid long-term FMCG pick.
Tata Consumer Q3 Standalone Revenue Up 15% to ₹3,684 Cr; Operating Margins Improve to 11.5%
Tata Consumer Products reported a 15% YoY growth in standalone revenue for Q3 FY26, reaching ₹3,684 crore, driven by strong performance in both branded and non-branded segments. While standalone net profit fell to ₹321 crore from ₹570 crore YoY, this was primarily due to a high base effect from a ₹390 crore dividend received from subsidiaries in the previous year. Operating margins showed healthy improvement, rising to 11.52% from 8.49% YoY, aided by lower tea cost inflation. The company also accounted for a ₹17 crore impact from new labor codes, offset by a ₹35 crore gain from selling non-core assets.
Key Highlights
Standalone Revenue from Operations grew 15% YoY to ₹3,684.02 crore.
Operating Margin improved significantly to 11.52% compared to 8.49% in the same quarter last year.
Standalone Net Profit stood at ₹320.64 crore, impacted by the absence of a one-time ₹390 crore subsidiary dividend seen in Q3 FY25.
Exceptional gain of ₹18.43 crore recorded, including a ₹35 crore profit from non-core asset sales.
Debt-Equity ratio remains very low at 0.05, indicating a strong balance sheet.
💼 Action for Investors
Investors should look past the YoY profit decline, which is purely due to accounting base effects, and focus on the robust 15% revenue growth and margin expansion. The stock remains a solid play in the FMCG sector with improving efficiency in the tea business.
Antony Waste Handling Cell Schedules Q3 & 9MFY26 Earnings Call for February 02, 2026
Antony Waste Handling Cell Limited (AWHCL) has announced its earnings conference call scheduled for Monday, February 02, 2026, at 2:00 PM IST. The management will discuss the company's financial and operational performance for the third quarter and nine months ended December 31, 2025. Key executives including the Chairman and Managing Director, Group President, and Group CFO will be participating to address investor queries. This is a standard regulatory filing following the conclusion of the December quarter.
Key Highlights
Earnings call to be held on February 02, 2026, at 2:00 PM IST via digital conferencing.
Focus of the call is the operational and financial performance for Q3 and 9MFY26.
Top management including Chairman Jose Jacob and Group CFO Subramanian NG will be present.
Transcripts and audio recordings will be hosted on the company website within prescribed SEBI timelines.
💼 Action for Investors
Investors should attend the call or review the transcript to understand the company's progress on new waste-to-energy projects and municipal contracts. Monitor management's commentary on volume growth and margin sustainability in the waste management segment.
Nila Infrastructures Q3 Results: Consolidated Revenue Jumps 43% YoY to ₹75.03 Crore
Nila Infrastructures reported a robust growth in standalone revenue, which rose to ₹75.03 crore in Q3 FY2026 from ₹52.34 crore in Q3 FY2025. Standalone Profit After Tax (PAT) increased by 14.8% YoY to ₹6.01 crore. On a consolidated basis, 9-month revenue saw a massive surge to ₹241.67 crore compared to ₹133.46 crore in the previous year. However, consolidated Q3 PAT dipped slightly to ₹4.65 crore due to losses in joint ventures and associates, while auditors highlighted ongoing income tax litigation as a point of concern.
Key Highlights
Standalone Revenue from operations grew 43.3% YoY to ₹75.03 crore in Q3 FY2026.
Standalone Net Profit (PAT) increased to ₹6.01 crore compared to ₹5.23 crore in the same quarter last year.
Consolidated 9-month revenue reached ₹241.67 crore, nearly doubling from ₹133.46 crore in 9M FY2025.
Consolidated PAT for 9M FY2026 stood at ₹17.44 crore, up from ₹15.14 crore YoY.
Auditors flagged an 'Emphasis of Matter' regarding pending Income Tax appeals for assessment years 2014-15 to 2022-23.
💼 Action for Investors
Investors should take confidence from the strong top-line growth and standalone profitability, but must remain cautious regarding the potential financial impact of the ongoing income tax litigation.
Aadhar Housing Finance Schedules Four Investor Conferences in February 2026
Aadhar Housing Finance Limited has announced its participation in four major institutional investor conferences throughout February 2026. These include flagship events hosted by Axis Capital, Dolat Capital, Kotak, and IIFL in Mumbai. The meetings will take place following the company's board meeting on January 30, 2026, where Q3 FY26 financial results will be finalized. The management will engage in group physical interactions to discuss the company's performance based on publicly available documents.
Key Highlights
Participation in 4 distinct institutional investor conferences between February 10 and February 24, 2026.
Conferences include Axis Capital (Feb 10), Dolat Capital (Feb 18), Kotak (Feb 23), and IIFL (Feb 24).
Discussions will center on financial statements for the period ending December 31, 2025.
All scheduled meetings are physical group sessions located in Mumbai.
Investor presentations will be made public following the January 30, 2026, board meeting.
💼 Action for Investors
Investors should review the Q3 FY26 investor presentation scheduled for release on January 30, 2026, as it will form the basis for these institutional discussions. No immediate action is required as these are routine investor relations activities.
Prudent Corporate Advisory Revises Q3FY26 Earnings Call Timing to 5:00 PM IST
Prudent Corporate Advisory Services has announced a minor scheduling change for its Q3FY26 earnings conference call. The call, originally set for 4:30 PM IST on January 28, 2026, has been moved to 5:00 PM IST on the same day. The session will discuss the company's unaudited financial results for the quarter ended December 31, 2025. Senior leadership, including the Chairman & Managing Director and the CEO, will be present to address analyst queries.
Key Highlights
Revised conference call time: 5:00 PM IST on Wednesday, January 28, 2026
Original scheduled time was 4:30 PM IST on the same date
Call to discuss unaudited financial results for the third quarter ended December 31, 2025
Management representation includes CMD Sanjay Shah and CEO Shirish Patel
💼 Action for Investors
No action is required other than noting the 30-minute delay for the conference call. Investors should focus on the financial performance data released prior to the call.
W S Industries to Hold EGM to Revise ₹99.43 Cr Fund Utilization and Extend Timelines
W S Industries (I) Limited has scheduled an Extraordinary General Meeting (EGM) for February 20, 2026, to seek shareholder approval for significant changes in capital deployment. Following a partial subscription of its preferential issue, raising ₹99.43 Crores instead of the planned ₹145 Crores, the company is reallocating funds, notably increasing land acquisition budgets while cutting working capital. Additionally, the company seeks a two-year extension for utilizing funds from a 2024 warrant issue, extending the deadline to October 2027.
Key Highlights
Total funds raised via Dec 2025 preferential issue reached ₹99.43 Cr against a target of ₹145 Cr.
Land acquisition allocation increased by 35% to ₹60.18 Cr from the pro-rata reduced amount.
Working capital allocation slashed by 52.83% to ₹11.00 Cr to prioritize asset development.
Proposed 2-year extension for 2024 warrant fund utilization until October 31, 2027.
NCD redemption budget reduced by 29.23% to ₹9.00 Cr as part of the fund rearrangement.
💼 Action for Investors
Investors should monitor the company's strategic shift toward land development over debt reduction and liquidity. Assess if the reduced working capital allocation might impact short-term operations.
Saksoft Limited to Host Q3 FY26 Earnings Conference Call on February 3, 2026
Saksoft Limited has scheduled an analyst and institutional investor meeting for February 3, 2026, at 2:00 PM IST. The virtual group meeting, hosted by Monarch Networth Capital, will focus on the company's Q3 FY26 earnings performance. Key management, including the Chairman & MD and the COO & CFO, will be present to interact with participants. This is a routine regulatory disclosure following the conclusion of the third quarter of the 2025-26 fiscal year.
Key Highlights
Conference call scheduled for February 3, 2026, at 2:00 PM IST to discuss Q3 FY26 results.
Interaction hosted by Monarch Networth Capital via a virtual group meeting format.
Management representation includes Chairman & MD Aditya Krishna and COO & CFO Niraj Kumar Ganeriwal.
The company confirmed that no unpublished price sensitive information (UPSI) will be shared.
Dial-in numbers provided for both domestic (+91 22 6280 1455) and international investors.
💼 Action for Investors
Investors should attend the call or review the transcript to understand management's guidance on revenue growth and digital transformation trends. Focus on the company's commentary regarding margin stability and order book execution for the upcoming quarters.
Intellect Design Arena Expands in US with AI-First Payments Platform for $2B Market Opportunity
Intellect Design Arena is accelerating its US presence by launching an AI-first payments platform to capture the growing real-time payments market, projected to hit $2 billion by 2030. The company already serves 18 banks and 176 credit unions in North America and is investing in new infrastructure across NYC, Atlanta, and Austin. With a 40% annual growth rate expected in US real-time payments, Intellect aims to leverage its Purple Fabric AI technology to provide unified orchestration across FedNow, RTP, and ACH rails. The appointment of a former AWS executive as CRO for the Americas further signals a strong push into the high-value US wholesale banking sector.
Key Highlights
Targeting a US real-time payments revenue opportunity projected to reach $2 billion by 2030 with a 40% CAGR.
Established footprint with 18 banks and 176 credit unions in North America, including 8 of the top 10 banks.
Infrastructure expansion includes a new NYC headquarters, Atlanta operations center, and Austin AI development hub.
Platform provides unified orchestration across US payment rails including FedNow, TCH RTP, ACH, and Fedwire.
Strategic leadership appointment of Rakesh Srivastava (ex-AWS) to lead the Americas portfolio.
💼 Action for Investors
Investors should view this as a significant growth catalyst as the company moves into a high-growth phase in the lucrative US fintech space. Monitor the conversion of the sales pipeline and the adoption rate of the AI-first platform among mid-market US banks over the next few quarters.
Bajaj Finance Allots NCDs Worth ₹5,120 Crore at 7.65% Coupon
Bajaj Finance has successfully allotted 5,12,000 Secured Redeemable Non-Convertible Debentures (NCDs) on a private placement basis to raise ₹5,120 crore. The instruments carry a competitive coupon rate of 7.65% per annum with a long-term tenure of 10 years (3,650 days). The redemption is structured in a staggered manner, with 20% of the face value being repaid in 2034, 20% in 2035, and the remaining 60% in 2036. This fundraise strengthens the company's liquidity position and provides long-term capital to support its lending book growth.
Key Highlights
Total fundraise of ₹5,120 crore through the allotment of 5,12,000 NCDs at ₹1 lakh face value each
Fixed coupon rate of 7.65% p.a. with annual interest payments starting January 2027
Long-term tenure of 10 years with a staggered redemption schedule (20:20:60 ratio)
Secured by a first pari passu charge on book debts and loan receivables with 1.10x security cover
Debentures to be listed on the Wholesale Debt Market Segment of BSE Limited
💼 Action for Investors
The successful large-scale fundraise at a stable interest rate reflects strong institutional confidence in Bajaj Finance's credit profile. Long-term investors should view this as a positive move to lock in capital for future AUM expansion.
Puravankara Subsidiary Launches Phase 5 of 'Provident Equinox' Project in Bengaluru
Puravankara Limited's wholly-owned subsidiary, Provident Housing Limited, has launched Phase 5 of its existing residential project 'Provident Equinox' in Bengaluru. The project is located in Kengeri Hobli and caters specifically to the domestic residential market. This expansion is part of the company's ongoing development strategy in the Bengaluru South region. The project has received its RERA registration (PRM/KA/RERA/1251/310/PR/170126/008410), ensuring regulatory compliance and readiness for sales.
Key Highlights
Launch of 'PROVIDENT EQUINOX 5' by wholly-owned subsidiary Provident Housing Limited.
Project located at Venkatapura Village, Kengeri Hobli, Bengaluru South.
RERA registered under number PRM/KA/RERA/1251/310/PR/170126/008410.
Focuses on the domestic residential market, continuing the momentum of the existing Equinox development.
💼 Action for Investors
Investors should track the sales booking updates and revenue recognition timelines for this phase to gauge its impact on the company's quarterly performance. The launch reinforces Puravankara's strong execution pipeline in the Bengaluru real estate market.
Marine Electricals Bags Orders Worth Rs 284.39 Crore for Data Center Projects
Marine Electricals (India) Limited has secured three significant orders totaling Rs 284.39 crore (excluding taxes). The contracts primarily involve the supply of power distribution systems for major data center projects, including BOM-2 and LBOM-12. These orders are expected to be executed within a short to medium-term timeframe of 1 to 8 months. This development strengthens the company's order book and highlights its growing presence in the high-demand data center infrastructure segment.
Key Highlights
Total order value of Rs 284.39 crore excluding taxes.
Major contracts from Digital Edge Dc and Crescon Projects for data center power distribution.
Execution timelines are relatively short, ranging from 1 to 8 months.
Includes an additional order from SHM Shipcare Private Limited for power distribution systems.
💼 Action for Investors
Investors should view this as a strong positive for revenue visibility over the next three quarters. The company's successful entry into the data center vertical provides a high-growth catalyst worth monitoring.
Raymond Q3 FY26 Results: Reports Standalone Net Loss of ₹324 Lakhs Post-Demergers
Raymond Limited reported a standalone net loss of ₹324 lakhs for Q3 FY26 from continuing operations, a significant shift from the ₹928 lakh profit in the previous year's corresponding quarter. The company's financial structure has been fundamentally altered following the demerger of its Lifestyle business in 2024 and the Realty business in May 2025. Revenue from continuing operations for the quarter stood at ₹1,819 lakhs, reflecting the smaller residual business base. These results primarily represent the engineering and tools segments and holding company functions rather than the legacy textile or real estate businesses.
Key Highlights
Revenue from continuing operations declined to ₹1,819 lakhs in Q3 FY26 from ₹2,894 lakhs in Q3 FY25.
Reported a standalone net loss of ₹324 lakhs for the quarter compared to a profit of ₹7,554 lakhs (including discontinued ops) YoY.
Total income for the nine-month period ended December 31, 2025, reached ₹9,635 lakhs.
The Realty business demerger, effective May 1, 2025, contributed to a massive accounting gain of ₹5,32,645 lakhs in the nine-month figures.
Earnings Per Share (EPS) for continuing operations stood at negative ₹0.49 for the quarter.
💼 Action for Investors
Investors should stop comparing current financials with historical data due to the structural demergers of the Lifestyle and Realty arms. The focus should now be on the valuation of the residual engineering business and the value of its holdings in the newly listed entities.
Raymond Ltd Q3 FY26: Continuing Operations Post ₹3.24 Cr Loss Following Major Business Demergers
Raymond Limited reported its Q3 FY2026 results, reflecting a significantly altered corporate structure following the demergers of its Lifestyle and Real Estate businesses. For the quarter ended December 31, 2025, the company reported a net loss of ₹3.24 crore from continuing operations on a revenue of ₹18.19 crore. The nine-month bottom line shows a massive profit of ₹5,282.96 crore, which is primarily attributed to a one-time accounting gain of ₹5,326.45 crore from the demerger of the Real Estate business into Raymond Realty Limited. Investors should note that the current standalone figures represent only the residual business units after the value-unlocking demergers.
Key Highlights
Revenue from continuing operations stood at ₹18.19 crore for Q3 FY26, down from ₹22.20 crore in the preceding quarter.
Net loss from continuing operations for the quarter was ₹3.24 crore compared to a profit of ₹9.28 crore in the year-ago period.
Recorded a massive one-time gain of ₹5,326.45 crore in the nine-month period due to the Real Estate business demerger effective May 1, 2025.
Total Comprehensive Income for the nine months ended December 2025 reached ₹5,245.62 crore, driven by demerger-related exceptional items.
The Lifestyle business demerger was previously completed on June 30, 2024, contributing to the structural shift in financial reporting.
💼 Action for Investors
Investors should evaluate the 'new' Raymond Limited as a residual entity and shift focus to the separately listed Raymond Lifestyle and Raymond Realty for core business growth. The current standalone losses are on a small operational base and do not reflect the health of the demerged core businesses.
Alembic Pharma Receives USFDA Final Approval for Difluprednate Ophthalmic Emulsion
Alembic Pharmaceuticals has secured final USFDA approval for Difluprednate Ophthalmic Emulsion, 0.05%, which is a generic version of Sandoz's Durezol. The product is used for treating inflammation and pain after ocular surgery and for endogenous anterior uveitis. This approval marks a continued expansion of the company's US product portfolio. With this addition, Alembic now holds a cumulative total of 233 USFDA approvals, including 213 final approvals.
Key Highlights
Received final USFDA approval for Difluprednate Ophthalmic Emulsion, 0.05%
Product is therapeutically equivalent to the reference listed drug Durezol by Sandoz Inc.
Indicated for ocular surgery inflammation and endogenous anterior uveitis
Company's cumulative USFDA approvals reach 233 (213 final and 20 tentative)
💼 Action for Investors
Investors should monitor the commercial launch and market share capture of this product in the US ophthalmic market. The steady stream of USFDA approvals remains a key driver for the company's international revenue growth.