TLI Staff
New Delhi: Torrent Pharma on Wednesday reported 13.65% year-on-year jump in consolidated net profit to Rs 283 crore for the October-December quarter (Q3FY23) of current financial year.
The company had registered Rs 249 crore profit in the same quarter a year ago.
During the December quarter, Torrent Pharma clocked 18.16% year-on-year increase in net revenue from operatons to Rs 2,491 crore. In the same quarter of FY22, it had reported a revenue of Rs 2,108 crore.
“India revenues at Rs 1,259 crores grew by 17% and included revenue from integration of Curatio Healthcare,” the company said.
The pharma firm said that its growth was aided by performance of top brands and market share gain and strong momentum in generic segment.
Torrent Pharma is the flagship company of the Torrent Group with group revenue of more than Rs 22,500 crores.