Granules India PAT surges to Rs 135 cr in June quarter

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Granules India PAT surges to Rs 135 cr in June quarter - Business Standard

Quick Summary:

Granules India on Tuesday said its profit after tax rose nearly three-fold year-on-year to Rs 135 crore for the first quarter ended June 30, 2024.

"With our robust quarterly performance, we are back on our planned trajectory after a few setbacks last year," Granules India Chairman & Managing Director Krishna Prasad Chigurupati said.

The first quarter performance highlights continued growth in the formulation segment, strong North America business, and product diversification, he added.