Torrent Pharmaceuticals reports 33% rise in Q1 consolidated net profit

24 Jul 2019

Torrent Pharmaceuticals has reported results for first quarter ended June 30, 2019.

The company has reported a rise of 82.79% in its net profit at Rs 223 crore for the quarter under review as compared to Rs 122 crore for the same quarter in the previous year. Total income of the company increased by 9.96% at Rs 1,634 crore for Q1FY20 as compared Rs 1,486 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 32.52% in its net profit at Rs 216 crore for the quarter under review as compared to Rs 163 crore for the same quarter in the previous year. Total income of the company increased by 7.53% at Rs 2,042 crore for Q1FY20 as compared Rs 1,899 crore for the corresponding quarter previous year.

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