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Glenmark Pharmaceuticals’ Q2 consolidated net profit jumps 93%

Glenmark Pharmaceuticals has reported results for second quarter ended September 30, 2018.

The company has reported over 2-fold jump in its net profit of Rs 747.56 crore for the quarter under review as compared to Rs 327.88 crore for the same quarter in the previous year. Total income of the company increased by 28.48% at Rs 1,906.02 crore for Q2FY19 as compared Rs 1,483.51 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 93.35% in its net profit at Rs 414.00 crore for the quarter under review as compared to Rs 214.12 crore for the same quarter in the previous year. Total income of the company increased by 19.02% at Rs 2,721.21 crore for Q2FY19 as compared Rs 2,286.32 crore for the corresponding quarter previous year.

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