Glenmark Pharma Q4 net profit at Rs 62.56cr

17864 Investors following Glenmark. Share this News with them.

0

Like this story, share it with millions of investors on M3

Glenmark Pharma Q4 net profit at Rs 62.56cr

Glenmark Pharma has announced its fourth quarter results. The company has reported net profit of Rs 62.56 crore versus Rs 25.07 crore in corresponding quarter of previous year.

Post your opinion here

 

0

Tweet

Share on Tumblr

Glenmark Pharma has announced its fourth quarter results. The company has reported net profit of Rs 62.56 crore (Rs 625.6 million) versus Rs 25.07 crore (Rs 250.7 million) in corresponding quarter of previous year.

Net sales has increased to Rs 275 crore (Rs 2.75 billion) from Rs 159 crore (Rs 1.59 billion).

According to the CNBC-TV18 estimates, the company was expected to post consolidated net profit of Rs 47.8 crore in Q4FY07 versus Rs 25 crore, up 91% YoY. During the same quarters, it was expected to report consolidated net sales of Rs 318 crore versus Rs 166.30 crore, YoY.

The company's operating profit was seen up 104% at Rs 69 crore versus Rs 33.9 crore, YoY  and  operatin profit margin was likely to go up to 22% from 20%.