Gland Pharma Q1 Results: Net profit jumps 47% YoY to Rs.317 crore; CDMO revenue rises 20%
New Delhi, Aug. 10 -- Gland Pharma reported its June-quarter performance today, Monday, after market hours, with consolidated net profit rising 47% YoY to Rs.317 crore, compared with Rs.215.5 crore in Q1 FY26. However, on a sequential basis, net profit declined 14% from Rs.366.7 crore in Q4 FY26.
Revenue from operations increased 20% YoY to Rs.1,800 crore, from Rs.1,505 crore in the year-ago quarter and was up 3% sequentially from Rs.1,743 crore.
Business-wise, the CDMO business remained a key growth driver, with revenue rising 20% YoY to Rs.891.5 crore, while also registering an 11% sequential increase from Rs.805.9 crore, supported by recent product launches.
The B2B business revenue grew 19% YoY to Rs.908.8 crore, although it declin...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.