Glenmark Pharmaceuticals consolidated net profit rises 23.49% in the March 2017 quarter

Image
Capital Market
Last Updated : May 12 2017 | 4:48 PM IST

Sales rise 10.23% to Rs 2424.41 crore

Net profit of Glenmark Pharmaceuticals rose 23.49% to Rs 183.76 crore in the quarter ended March 2017 as against Rs 148.80 crore during the previous quarter ended March 2016. Sales rose 10.23% to Rs 2424.41 crore in the quarter ended March 2017 as against Rs 2199.45 crore during the previous quarter ended March 2016.

For the full year,net profit rose 49.22% to Rs 1108.75 crore in the year ended March 2017 as against Rs 743.05 crore during the previous year ended March 2016. Sales rose 20.28% to Rs 8970.09 crore in the year ended March 2017 as against Rs 7457.92 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2424.412199.45 10 8970.097457.92 20 OPM %18.3113.80 -22.7119.27 - PBDT322.89267.65 21 1836.751278.27 44 PBT253.98209.24 21 1572.381043.98 51 NP183.76148.80 23 1108.75743.05 49

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 12 2017 | 4:27 PM IST

Next Story