By: IPP Bureau
Last updated : July 31, 2024 10:26 am
Granules India has reported total income of Rs. 1181.92 crores during the period ended June 30, 2024
Granules India Limited has reported consolidated financial results for the period ended June 30, 2024.
Granules India has posted net profit of Rs. 134.64 crores for the period ended June 30, 2024 as against net profit of Rs. 129.64 crores for the period ended March 31, 2024. The company has posted net profit of Rs.47.89 crores for the period ended June 30, 2023.
Granules India has reported total income of Rs. 1181.92 crores during the period ended June 30, 2024 as compared to Rs. 1177.65 crores during the period ended March 31, 2024. The company reported total income of Rs. 985.86 crores during the period ended June 30, 2023.
Commenting on the results, Dr Krishna Prasad Chigurupati, Chairman & Managing Director of Granules India Limited said, “With our robust quarterly performance, we are back on our planned trajectory after a few setbacks last year. Q1 performance highlights include continued growth in our formulation segment, strong North America business, and product diversification, which offset the Paracetamol API/PFI decline, promising a brighter future driven by our formulations offering and new product pipeline.”