Gland Pharma Q1 profit dips 26% to Rs 144 crore, Health News, ET HealthWorld

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****** Pharma Q1 profit dips 26% to Rs 144 crore, Health News, ET HealthWorld

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****** Pharma on Tuesday said its profit after tax declined by 26 per cent to Rs 144 crore for the first quarter ended June 30, 2024. The Hyderabad-based ***** maker has reported a profit after tax (PAT) of Rs 194 crore in the April-June quarter of last fiscal.

Revenue from operations rose to Rs 1402 crore for the ******* under review as compared with Rs 1,209 crore in the year-ago *******, ****** Pharma said in a statement.

“We’re confident in our ability to meet our fiscal year goals and are excited about the growing opportunities and even stronger results expected in the coming quarters,” ****** Pharma Executive Chairman and CEO Srinivas Sadu said.

Shares of the company on Tuesday ended 0.25 per cent down at Rs 2,109.40 apiece on the BSE.

• Published On Aug 7, 2024 at 06:19 AM IST

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