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Glenmark Pharmaceuticals reports 21% rise in Q1 consolidated net profit

14 Aug 2021 Evaluate

Glenmark Pharmaceuticals has reported results for first quarter ended June 30, 2021.

The company has reported 5.83% rise in its net profit at Rs 489.42 crore for the quarter under review as compared to Rs 462.48 crore for the same quarter in the previous year. Total income of the company increased by 25.45% at Rs 2280.33 crore for Q1FY22 as compared Rs 1817.77 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported rise of 20.66% in its net profit at Rs 306.53 crore for the quarter under review as compared to Rs 254.04 crore for the same quarter in the previous year. Total income of the company marginally increased by 25.81% at Rs 3023.54 crore for Q1FY22 as compared Rs 2403.30 crore for the corresponding quarter previous year.

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