The Hindu·3 min read·medium

Gland Pharma Q1 net surges 47% to ₹317 cr on higher revenue

T
The Hindu Bureau
Gland Pharma Q1 net surges 47% to ₹317 cr on higher revenue
AI Summary

Gland Pharma reported a 47% increase in net profit for the June quarter, reaching ₹317 crore, driven by strong demand and new product launches. The company also announced a strategic manufacturing partnership to expand its global footprint in sterile injectables.

Injectable-focussed generic drugmaker Gland Pharma reported consolidated net profit for June quarter rose 47% year-on-year (YoY) to ₹317 crore.

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