Torrent Pharmaceuticals reports around three fold jump in Q3 consolidated net profit

Torrent Pharmaceuticals has reported results for third quarter ended December 31, 2015. 

The company has reported over two fold jump in its net profit at Rs 218 crore for the quarter ended December 31, 2015 as compared to Rs 103 crore for the same quarter in the previous year. The company’s total income has increased by 21.18% to Rs 1064 crore for the quarter under review from Rs 878 crore for the corresponding quarter of the previous year.  

On the consolidated basis, the company has reported around three fold jump in its net profit after taxes, minority interest and share of profit of associates of Rs 483 crore for the quarter ended December 31, 2015 as compared to Rs 167 crore for the same quarter in the previous year. Total income of the company has increased by 28.95% at Rs 1590 crore for quarter under review as compared to Rs 1233 crore for the quarter ended December 31, 2014.