{"id":149539,"date":"2023-07-21T04:38:46","date_gmt":"2023-07-21T08:38:46","guid":{"rendered":"https:\/\/44.250.171.167\/?p=149539"},"modified":"2023-07-21T05:46:39","modified_gmt":"2023-07-21T09:46:39","slug":"glenmark-life-sciences-ltd-q1fy23-24-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/glenmark-life-sciences-ltd-q1fy23-24-rise-in-profits\/","title":{"rendered":"Glenmark Life Sciences Ltd Q1 FY24; 24% rise in Profits"},"content":{"rendered":"<p>Glenmark Life Sciences, a subsidiary of Glenmark Pharmaceuticals Ltd, is one of the leading developers and manufacturers of select high-value Active Pharmaceutical Ingredients. The company further operates in Contract Development and manufacturing operations to offer services to specialty Pharmaceutical companies.<\/p>\n<p><strong>Financial Results: <\/strong><\/p>\n<ul>\n<li>Glenmark Life Sciences Ltd reported Revenues for Q1FY24 of \u20b9578.00 Crores up from \u20b9490.00 Crore year on year, a rise of 17.96%.<\/li>\n<li>Total Expenses for Q1FY24 of \u20b9398.00 Crores up from \u20b9353.00 Crores year on year, a rise of 12.75%.<\/li>\n<li>Consolidated Net Profit of \u20b9135.00 Crores up 23.85% from \u20b9109.00 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b911.05, up 24.58% from \u20b98.87 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-114-839x1024.png\" alt=\"\" class=\"wp-image-149540\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-114-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-114-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-114-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-114-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-114.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n<p>*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish. <br>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>","protected":false},"excerpt":{"rendered":"<p>Glenmark Life Sciences, a subsidiary of Glenmark Pharmaceuticals Ltd, is one of the leading developers and manufacturers of select high-value Active Pharmaceutical Ingredients. The company further operates in Contract Development and manufacturing operations to offer services to specialty Pharmaceutical companies. Financial Results: Glenmark Life Sciences Ltd reported Revenues for Q1FY24 of \u20b9578.00 Crores up from [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[1115],"class_list":["post-149539","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-pharmaceuticals"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":153153,"url":"https:\/\/alphastreet.com\/india\/glenmark-pharmaceuticals-ltd-q1fy24-18-fall-in-profits\/","url_meta":{"origin":149539,"position":0},"title":"Glenmark Pharmaceuticals Ltd Q1FY24; 18% fall in Profits","author":"Hardik Bhandare","date":"August 14, 2023","format":false,"excerpt":"Glenmark Pharmaceuticals Ltd is a global research-led pharmaceutical company with presence across generics, Specialty and OTC business with operations in over 80 countries. Financial Results: Glenmark Pharmaceuticals Ltd reported Revenues for Q1FY24 of \u20b93,402.00 Crores up from \u20b92,777.00 Crore year on year, a rise of 22.51%. Total Expenses for Q1FY24\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-823.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-823.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-823.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-823.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-823.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-823.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":157647,"url":"https:\/\/alphastreet.com\/india\/glenmark-life-sciences-ltd-q2fy24-11-rise-in-profits\/","url_meta":{"origin":149539,"position":1},"title":"Glenmark Life Sciences Ltd Q2FY24; 11% rise in Profits","author":"Divyansh_Kasana","date":"January 10, 2024","format":false,"excerpt":"Glenmark Life Sciences, a subsidiary of Glenmark Pharmaceuticals Ltd, is one of the leading developers and manufacturers of select high-value Active Pharmaceutical Ingredients. The company further operates in Contract Development and manufacturing operations to offer services to specialty Pharmaceutical companies. Financial Results: Glenmark Life Sciences Ltd reported Revenues for Q2FY24\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-27.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-27.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-27.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-27.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-27.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-27.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":160116,"url":"https:\/\/alphastreet.com\/india\/glenmark-life-sciences-ltd-q3fy24-56-fall-in-profits\/","url_meta":{"origin":149539,"position":2},"title":"Glenmark Life Sciences Ltd Q3FY24; 56% fall in Profits","author":"Divyansh_Kasana","date":"March 21, 2024","format":false,"excerpt":"Glenmark Life Sciences, a subsidiary of Glenmark Pharmaceuticals Ltd, is one of the leading developers and manufacturers of select high-value Active Pharmaceutical Ingredients. The company further operates in Contract Development and manufacturing operations to offer services to specialty Pharmaceutical companies. 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Financial Results: Glenmark Pharmaceuticals Ltd reported Revenues for Q4FY25 of \u20b93,256.20 Crores up from \u20b93,062.96 Crore year on year, a rise of 6.31%. 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