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Torrent Pharma net profit declines to Rs 312 crore in Q2
New Delhi: 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.
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.
The drug firm also reported robust sales across various international markets like the US, and Brazil, it added.
Read also: Torrent Pharma to acquire Curatio healthcare for Rs 2,000 crores
Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751