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Glenmark Pharmaceuticals reports 64% rise in Q3 consolidated net profit

15 Feb 2020 Evaluate

Glenmark Pharmaceuticals has reported results for third quarter ended December 31, 2019.

The company has reported a rise of 76.41% in its net profit from continuing and discontinuing operations at Rs 345.53 crore for the quarter under review as compared to Rs 195.87 crore for the same quarter in the previous year. Total income of the company increased by 23.48% at Rs 1,910.78 crore for Q3FY20 as compared Rs 1,547.40 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 64.04% in its net profit from continuing and discontinuing operations company at Rs 190.84 crore for the quarter under review as compared to Rs 116.34 crore for the same quarter in the previous year. Total income of the company increased by 13.18% at Rs 2,768.52 crore for Q3FY20 as compared Rs 2,446.03 crore for the corresponding quarter previous year.

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Sun Pharma. Inds. 1753.20
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