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Granules India reports 49% rise in Q2 consolidated net profit

Granules India has reported results for second quarter ended September 30, 2018.

The company has reported a rise of 14.53% in its net profit at Rs 40.82 crore for the quarter under review as compared to Rs 35.64 crore for the same quarter in the previous year. Total income of the company increased by 35.39% at Rs 519.40 crore for Q2FY19 as compared Rs 383.64 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 49.38% in its net profit at Rs 60.26 crore for the quarter under review as compared to Rs 40.34 crore for the same quarter in the previous year. Total income of the company increased by 46.49% at Rs 585.05 crore for Q2FY19 as compared Rs 399.39 crore for the corresponding quarter previous year.

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