Fredun Pharmaceuticals Q2 Net Profit Jumps 90% to ₹19 Crore
Net profit rose from ₹10 crore a year earlier, while revenue increased 85% to ₹266 crore from ₹144 crore. The report attributes the gains to better demand.
Fredun Pharmaceuticals, a leading formulation manufacturer, reported that its net profit in the September quarter was up 90 per cent at ₹19 crore as compared to ₹10 crore in the same period last year on better demand.Revenue was up 85 per cent at ₹266 crore (₹144 crore last year). EBITDA jumped 91…