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Glenmark Pharmaceuticals reports 17% rise in Q2 consolidated net profit

15 Nov 2021 Evaluate

Glenmark Pharmaceuticals has reported results for second quarter ended September 30, 2021.

The company has reported a rise of 87.22% in its net profit at Rs 754.25 crore for the quarter under review as compared to Rs 402.87 crore for the same quarter in the previous year. Total income of the company increased by 6.40% at Rs 2261.56 crore for Q2FY22 as compared Rs 2125.56 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 17.44% in its net profit at Rs 274.80 crore for the quarter under review as compared to Rs 233.99 crore for the same quarter in the previous year. Total income of the company increased by 7.32% at Rs 3,134.37 crore for Q2FY22 as compared Rs 2920.59 crore for the corresponding quarter previous year.

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