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AlphaStreet Analysis

Torrent Pharmaceuticals Limited Q2FY23; Profits down by 1%

Torrent Pharmaceuticals Ltd.‘s Revenues for Q2 FY23 has increased by 7% YoY to ₹ 2,291 crores. Net Profit fell by 1% YoY to ₹ 312 crores. EBITDA fell by 2% YoY for Q2 FY 2023.

Net Profit fell to 13.6%. In this quarter’s press release, it is evident that there is a fall in revenue in Germany.

To further read about this company, check out this link.

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