Gujarat based Pharma major torrent register more than 4 fold rise in consolidated net profit
January 30, 2019
Ahmedabad: Gujarat based Pharma major Torrent Pharmaceuticals has registered a consolidated net profit (after tax) of Rs 246 crores in the third quarter of the current fiscal which was more than 4 fold in comparison to that of the same quarter of the last fiscal.
The financial result for the company for the quarter ended December 31, issued today said that the net profit (after tax) in the Q3 last fiscal was only Rs 58 crores.
The total consolidated income has also risen to Rs 2051 crores from Rs 1463 crores of Q3 last financial year.
On standalone basis, the net profit and total income of the company have risen to Rs 182 crores and Rs 1481 crores respectively from Rs 20 crores and Rs 1040 crores of the Q3 of the last financial year.
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