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Gland Pharma Q2FY25 results: Net profit falls 15.7% to Rs 164 crore

Business Standard LogoBusiness Standard2w ago

Gland Pharma Q2FY25 results: Net profit falls 15.7% to Rs 164 crore - Business Standard

Quick Summary:

The company reported consolidated net profit of Rs 164 crore ($19.5 million) for the quarter ended Sept.30, a 15.

The company said its overall revenue growth was hurt by temporary production issues at Cenexi.

Sales from the US, its biggest market, increased 3 per cent, and sales from its other markets of Canada, Australia, and New Zealand rose 45 per cent, the company said.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 19:37:19 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 384 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23398065

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 300 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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