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Torrent Pharmaceuticals reports 36% rise in Q2 consolidated net profit

24 Oct 2019 Evaluate

Torrent Pharmaceuticals has reported results for second quarter ended September 30, 2019.

The company has reported a rise of 18.41% in its net profit at Rs 328 crore for the quarter under review as compared to Rs 277 crore for the same quarter in the previous year. Total income of the company increased by 9.24% at Rs 1,726 crore for Q2FY20 as compared Rs 1580 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 36.31% in its net profit at Rs 244 crore for the quarter under review as compared to Rs 179 crore for the same quarter in the previous year. Total income of the company increased by 7.09% at Rs 2,039 crore for Q2FY20 as compared Rs 1,904 crore for the corresponding quarter previous year.

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