Wednesday, October 31, 2012

Glenmark Q2 beats forecast, net up 181% to Rs 157 cr



Glenmark Pharma’s consolidated net profit grew by 181 percent year-on-year to Rs 157 crore in the July-September quarter of financial year 2012-13.

Consolidated net sales rose by 19 percent to Rs 1,255 crore from Rs 1,056 crore during the same period.

Analysts on an average had expected net profit of Rs 144 crore on net sales of Rs 1,131 crore for the quarter.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd 

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