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Glenmark Pharmaceuticals standalone net profit rises 342.03% in the March 2015 quarter

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Capital Market

Sales rise 371.89% to Rs 3077.88 crore

Net profit of Glenmark Pharmaceuticals rose 342.03% to Rs 670.43 crore in the quarter ended March 2015 as against Rs 151.67 crore during the previous quarter ended March 2014. Sales rose 371.89% to Rs 3077.88 crore in the quarter ended March 2015 as against Rs 652.24 crore during the previous quarter ended March 2014.

For the full year,net profit rose 132.25% to Rs 1007.53 crore in the year ended March 2015 as against Rs 433.82 crore during the previous year ended March 2014. Sales rose 119.88% to Rs 4999.21 crore in the year ended March 2015 as against Rs 2273.56 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales3077.88652.24 372 4999.212273.56 120 OPM %35.2426.97 -29.3021.81 - PBDT1116.81181.79 514 1519.75532.12 186 PBT1021.66173.36 489 1400.29501.92 179 NP670.43151.67 342 1007.53433.82 132

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First Published: May 30 2015 | 9:23 AM IST

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