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Glenmark Pharmaceuticals Ltd consolidated Q3FY23 net profit higher at Rs. 272.57 crores



Posted On : 2023-02-12 15:42:06( TIMEZONE : IST )

Glenmark Pharmaceuticals Ltd consolidated Q3FY23 net profit higher at Rs. 272.57 crores

Glenmark Pharmaceuticals Limited has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 3540.273 crores during the period ended December 31, 2022 as compared to Rs. 3472.677 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 272.579 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 260.440 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 9.66 for the period ended December 31, 2022 as compared to Rs. 9.23 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹3540.273 crs ₹3472.677 crs Up Tick / Down Tick1.95%
Net Profit ₹272.579 crs ₹260.440 crs Up Tick / Down Tick4.66%
EPS ₹9.66 ₹9.23 Up Tick / Down Tick4.66%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.3540.273 crores during the period ended December 31, 2022 as compared to Rs.3187.309 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.272.579 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.221.902 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.9.66 for the period ended December 31, 2022 as compared to Rs.7.86 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹3540.273 crs ₹3187.309 crs Up Tick / Down Tick11.07%
Net Profit ₹272.579 crs ₹221.902 crs Up Tick / Down Tick22.84%
EPS ₹9.66 ₹7.86 Up Tick / Down Tick22.90%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.9973.394 crores during the 9 Months period ended December 31, 2022 as compared to Rs.9345.228 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.725.547 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.786.126 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.25.71 for the 9 Months period ended December 31, 2022 as compared to Rs.27.86 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹9973.394 crs ₹9345.228 crs Up Tick / Down Tick6.72%
Net Profit ₹725.547 crs ₹786.126 crs Up Tick / Down Tick-7.71%
EPS ₹25.71 ₹27.86 Up Tick / Down Tick-7.72%

Shares of Glenmark Pharmaceuticals Limited was last trading in BSE at Rs. 399.85 as compared to the previous close of Rs. 394.20. The total number of shares traded during the day was 25255 in over 1614 trades.

The stock hit an intraday high of Rs. 403.15 and intraday low of 388.00. The net turnover during the day was Rs. 10029059.00.

Source : Equity Bulls

Keywords

GlenmarkPharmaceuticals Q3FY23 9MFY23 ResultUpdate