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Torrent Pharmaceuticals reports 16% fall in Q3 consolidated net profit

27 Jan 2022 Evaluate

Torrent Pharmaceuticals has reported results for third quarter ended December 31, 2021.

The company has reported a fall of 38.85% in its net profit at Rs 170 crore for the quarter under review as compared to Rs 278 crore for the same quarter in the previous year. Total income of the company decreased by 0.12% at Rs 1625 crore for Q3FY22 as compared Rs 1627 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 16.16% in its net profit at Rs 249 crore for the quarter under review as compared to Rs 297 crore for the same quarter in the previous year. However, total income of the company increased by 7.64% at Rs 2156 crore for Q3FY22 as compared Rs 2003 crore for the corresponding quarter previous year.

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