InvestorQ : How did Torrent Pharma manage such a sharp turnaround in the Mar-20 quarter?
Khushi Patel made post

How did Torrent Pharma manage such a sharp turnaround in the Mar-20 quarter?

Answer
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Anjana Aiyar answered.
4 months ago


Torrent Pharma reported net profits of Rs.314 crore in the Mar-20 quarter compared to a net loss of Rs.152 crore in the previous year. Revenues were also up around 5% at Rs.1946 crore. This was largely on the back of the acquisition of the Unichem portfolio as well as incremental productivity and cost control.