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Granules India Q2 profit jumps 39% to ₹181.8 crore

Drugmaker Granules India posted a 39% year-on-year rise in consolidated net profit to ₹181.8 crore for the September quarter, as revenue from operations grew 20% to ₹1,559.9 crore. EBITDA stood at ₹338 crore despite higher input and logistics costs linked to West Asia tensions. CMD Krishna Prasad Chigurupati said these cost pressures are likely to persist.

Granules India Q2 profit jumps 39% to ₹181.8 crore

This summary is based on reporting by The Hindu.

Read the full story at The Hindu