Torrent Pharma Q2 net up 27% despite dip in US and Brazil revenues

Firm's consolidated total revenue for the quarter, however, fell marginally by 0.7% to stand at Rs 2,023 crore

Despite a dip in its US and Brazil revenues, Torrent Pharmaceuticals Ltd. has posted a 27 per cent growth in its consolidated profit after tax (PAT) for the second quarter ended September 30, 2020 for the current financial year 2020-21. The company registered a net profit of Rs 310 crore for Q2 of fiscal year 2020-21 as compared to Rs 244 crore in the said quarter last year.

The company's consolidated total revenue for the quarter ended September 30, 2020, however, fell marginally by 0.7 per cent to stand at Rs 2023 crore, as against Rs 2039 crore in Q2 of