Torrent Pharma Q2 Net Profit Falls 10% to ₹534 Crore; Revenue Rises 51%
Torrent Pharmaceuticals reported a 10% year-on-year decline in second-quarter FY27 net profit to ₹534 crore, while revenue rose 51%.
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12:26:49 PM UTC
SquawkNews
Drugmaker Torrent Pharmaceuticals Ltdon Friday (October 23) reported a 9.6% year-on-year (YoY) decline in net profit to ₹534 crore for the September quarter, compared with ₹591 crore a year ago.Net profit also missed the poll estimate of ₹544.3 crore. Revenue rose 50.8% YoY to ₹4,979 crore from ₹3…
Torrent Pharmaceuticals reported a 10 per cent year-on-year decline in net profit to ₹534 crore in the second quarter of FY27, even as revenue rose sharply following the consolidation of its businesses after the merger with Mumbai-based JB Chemicals & Pharmaceuticals.Revenue from operations increas…