Torrent Pharma posts PAT at Rs 287 crore in Q4
The board also approved a final dividend of Rs 8 per share of Rs 5 each.;
Ahmedabad: Torrent Pharma on Tuesday reported a consolidated profit after tax of Rs 287 crore for the fourth quarter ended March 2023, riding on robust sales across geographies.
The drug maker had reported a net loss of Rs 118 crore in the January-March quarter of the 2021-22 fiscal.
The company's revenue rose to Rs 2,491 crore for the fourth quarter compared to Rs 2,131 crore in the year-ago period, Torrent Pharma said in a statement.
Read also: Torrent Pharma unveils generic version of Keveyis tablets in US
Torrent Pharma is an Indian multinational pharmaceutical company headquartered in Ahmedabad, India. The company specializes in the therapeutic segments of cardiovascular (CV), central nervous system (CNS), gastrointestinal (GI), and women healthcare (WHC). The Company also has a significant presence in diabetology, pain management, gynaecology, oncology, and anti-infective segments.Torrent Pharma has a widespread global presence in over 40 countries.
Read also: Torrent Pharma Shelcal 500 enters market as OTC calcium supplement brand
Disclaimer: This website is primarily for healthcare professionals. The content here does not replace medical advice and should not be used as medical, diagnostic, endorsement, treatment, or prescription advice. Medical science evolves rapidly, and we strive to keep our information current. If you find any discrepancies, please contact us at corrections@medicaldialogues.in. Read our Correction Policy here. Nothing here should be used as a substitute for medical advice, diagnosis, or treatment. We do not endorse any healthcare advice that contradicts a physician's guidance. Use of this site is subject to our Terms of Use, Privacy Policy, and Advertisement Policy. For more details, read our Full Disclaimer here.
NOTE: Join us in combating medical misinformation. If you encounter a questionable health, medical, or medical education claim, email us at factcheck@medicaldialogues.in for evaluation.