Torrent Pharmaceuticals Q4 Results Live : profit rise by 51.57% YOY

Torrent Pharmaceuticals Q4 Results Live: Torrent Pharmaceuticals declared its Q4 results on May 24, 2024. Revenue increased by 10.19% and profits increased by 51.57% year-on-year.

Compared to the previous quarter, revenue grew by 0.48% and profit by 1.35%.

Selling, general and administrative expenses decreased 2.02% quarter-over-quarter and increased 10.28% year-over-year.

Operating income decreased 8.6% quarter-on-quarter and increased 27.95% year-on-year.

The EPS is $13.27 for the fourth quarter, which increased by 51.29% year-on-year.

Torrent Pharmaceuticals has returned -0.26% over the past week, returned 27.83% over the past 6 months, and returned 16.8% year to date.

Currently, Torrent Pharmaceuticals has a market capitalization of $91139.98 Cr and 52 weeks high/low of $2782.85 and $1683.1 respectively.

As of May 25, 2024, of the 26 analysts covering the company, 2 analysts have given a Sell rating, 4 analysts have given a Hold rating, 12 analysts have given a Buy rating, and 8 analysts have given a Strong Buy rating.

The consensus recommendation as of May 25, 2024 was Buy.

Torrent Pharmaceuticals Financial Information

Period Q4 Q3 Quarter-on-quarter growth Q4 Year-on-year growth
Total income 2745 2732 +0.48% 2491.15 +10.19%
Total selling/general/administrative expenses 486 496 -2.02% 440.69 +10.28%
Depreciation and amortization 203 213 -4.69% 195.59 +3.79%
Total operating expense 2065 1988 +3.87% 1959.69 +5.37%
Operating income 680 744 -8.6% 531.46 +27.95%
Net profit before taxes 631 631 -0% 433.16 +45.67%
Net income 449 443 +1.35% 296.23 +51.57%
Diluted Normalized EPS 13.27 11.27 +17.71% 8.77 +51.29%

Frequent questions

Question: What is the fourth quarter profit/loss according to the company?

Answer: โ‚น449Cr

Question: What is the fourth quarter revenue?

Answer: โ‚น2745Cr

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Posted: May 25, 2024, 11:27 am IST

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