The firm saw a net profit of Rs 610 crore. (Photo source: Vijay Sartape/NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Glenmark Pharmaceuticals Ltd. saw its profit surge 72.3% on Friday in its consolidated year-on-year second quarter financial results.
The firm saw a net profit of Rs 610 crore compared to the year ago period of Rs 354 crore according to an exchange filing from the company.
Its revenue also saw an uptick of 76.1% to Rs 6,047 crore compared to the previous year's Rs 3,434 crore.
The pharma company's earnings before interest, taxes, depreciation and amortisation stood at Rs 2,360 crore from the previous fiscal's Rs 602 crore. Its margin expanded to 39% from 17.5%.
Glenmark Pharma Q2 Highlights (Consolidated, YoY)
Revenue up 76.1% to Rs 6,04

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