MoneyWorks4Me

Torrent Pharmaceuticals reports 24% rise in Q2 consolidated net profit

25 Oct 2023 Evaluate

Torrent Pharmaceuticals has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported 20.22% rise in its net profit at Rs 327 crore for Q2FY24 as compared to Rs 272 crore for the same quarter in the previous year. Total income of the company increased by 11.45% at Rs 2,161 crore for Q2FY24 as compared Rs 1,939 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 23.72% rise in its net profit at Rs 386 crore for the quarter under review as compared to Rs 312 crore for the same quarter in the previous year. Total income of the company increased by 16.43% at Rs 2,686 crore for Q2FY24 as compared Rs 2,307 crore for the corresponding quarter previous year.


Peers
Company Name CMP
Sun Pharma. Inds. 1756.90
Dr. Reddys Labs. 1195.10
Cipla 1303.30
Lupin 1960.00
Zydus Lifesciences 1115.10
View more..