Torrent Pharma shares hit 52-week high on growth in June quarter net profit and revenue
The company’s revenue increased 10 per cent YoY to Rs 2,591 crore in the June quarter as compared to Rs 2,347 crore in the same quarter last year. However, it was lower than the street estimates of Rs 2,639 crore.
Torrent Pharmaceuticals’ revenue from its India business increased 15 per cent to Rs 1,426 crore in the June quarter compared to Rs 1,245 crore last year.