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Glenmark Q3 Net Profit Up 30 At Rs 248 17 Cr - BW Businessworld


BW Businessworld
Glenmark Q3 Net Profit Up 30% At Rs 248.17 Cr
Sales from the formulation business in India for the third quarter of FY 2020-21 was at Rs 882.11 crore as against Rs 788.83 crore in the previous corresponding quarter
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Drug firm Glenmark Pharmaceuticals on Friday reported a 30.04 percent rise in its consolidated net profit to Rs 248.17 crore for the quarter ended December 2020, mainly on account of robust sales in India and growth in the API segment.
The company had posted a net profit of Rs 190.83 crore for the corresponding period of the previous fiscal, Glenmark Pharmaceuticals said in a regulatory filing. ....

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Glenmark's consolidated Net Profit rises by 30.05% to Rs. 2481.79 Mn. in Q3 FY 2020-21


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MUMBAI, Feb. 12, 2021 /PRNewswire/
Glenmark s consolidated sales rises by 3.88% to Rs. 27,605.07 Mn. in Q3 FY 2020-21 
Consolidated EBITDA rises by 20.45% to Rs. 5300.72 Mn. in Q3 FY 2020-21
Highlights for Q3 FY 2020-21
India Business grew by 11.82% to Rs. 8,821.19 Mn.
Europe Business grew by 1.42% to Rs. 3,133.29 Mn.
US Business experienced sales decline of (2.43%) to Rs. 7,803.87 Mn.
API Business grew by 22.09% to 3,200.70 Mn.
Glenmark Pharmaceuticals Limited, a research-led global integrated pharmaceutical company, today announced its financial results for the third quarter ended December 31 of the financial year 2020-21.
For the third quarter of FY 2020-21, Glenmark s consolidated sales was at Rs. 27,605.07 Mn. as against Rs. 26,574.51 Mn. recording an increase of 3.88 %. ....

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