Latest News | Torrent Pharma Q2 Net Profit Declines to Rs 312 Crore

New Delhi, Oct 21 (PTI) Torrent Pharmaceuticals on Friday reported a marginal decline in its consolidated net profit at Rs 312 crore for the second quarter ended September 2022.

The company had posted a consolidated net profit of Rs 316 crore in the year-ago period.

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Revenue from operations rose to Rs 2,291 crore in the July-September quarter as against Rs 2,137 crore in the year-ago period, Torrent Pharma said in a statement.

The company said its domestic revenue stood at Rs 1,224 crore during the period under review.

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The drug firm also reported robust sales across various international markets like the US, and Brazil, it added.

Shares of the company on Friday ended 0.99 per cent down at Rs 1,578 apiece on the BSE.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)