Epic Research Update : Glenmark Q2

Consolidated net profit at Rs 165 crore versus Rs 154.3 crore (YoY)



Consolidated revenue at Rs 1,681 crore versus Rs 1,463.3 crore (YoY)



Consolidated EBITDA at Rs 335 crore versus Rs 315.8 crore (YoY)



Consolidated operating margin at 20 percent versus 21.6 percent (YoY)



India business grew by 14.48 percent to Rs 478.1 crore (YoY)



Latin America business grew by 139 percent to Rs 230.8 crore (YoY)



Europe formulations business grew by 25.06 percent to Rs 130.5 crore (YoY)



API business grew by 57.85 percent to Rs 159.5 crore (YoY)



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Posted in: Indian Market Tips