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Torrent Pharmaceuticals reports 14% rise in Q3 consolidated net profit

27 Jan 2023 Evaluate

Torrent Pharmaceuticals has reported results for third quarter ended December 31, 2022.

The company has reported rise of 34.71% in its net profit at Rs 229 crore for Q3FY23 as compared to Rs 170 crore for the corresponding quarter previous year. Total income of the company increased by 15.20% to Rs 1872 crore for the quarter under review as compared to Rs 1625 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 13.65% in its net profit at Rs 283 crore for Q3FY23 as compared to Rs 249 crore for the same quarter in the previous year. Total income of the company increased by 15.07% to Rs 2481 crore for the quarter under review as compared to Rs 2156 crore for the same quarter in the previous year.

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