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From solvents to shipping: West Asia war emerges as new margin headwind for Indian pharma

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Dr Reddy's Laboratories reported the West Asia war shaved about one percentage point off its first-quarter EBITDA margin.
The conflict has emerged as a new margin headwind for the Indian pharmaceutical industry, affecting costs from solvents to shipping.
Rising shipping and solvent costs due to the West Asia war are impacting margins for Indian pharma companies.