Navigation Links
Glenmark's Consolidated Revenue Increases by 16.56% to Rs. 14630.06 Mn for Q2 FY 13-14
Date:10/31/2013

MUMBAI, October 31, 2013 /PRNewswire/ --

Net Profit for the second quarter was Rs 1542.97 Mn as compared to Rs. 1567.52 mn for the previous corresponding quarter

 

 Highlights: Q2-FY14 -Results

  • Generics business registered sales growth of  22.51%. to Rs. 7106.55 Mn in Q2
  • US Generics Business grew by 29.52% for the quarter
  • India formulations business recorded a growth 21.41% for the Quarter

     (Logo: http://photos.prnewswire.com/prnh/20130626/625083)

Glenmark Pharmaceuticals Limited (GPL), the research-led global integrated pharmaceutical company announced its results for the second quarter ended September 30, 2013

For the second quarter ended Sep 30, 2013, Glenmark's consolidated revenue was at Rs. 14630.06 Mn (USD 235.62 Mn ) as against Rs. 12551.91Mn (USD 227.89 Mn) an increase of 16.56 % .

Revenue from the generics business was at Rs.7106.55Mn (USD 114.20Mn) as against Rs. 5800.78 Mn (USD 105.27 Mn), growth of 22.51 %.  The Specialty formulation business excluding out-licensing revenue was atRs.7405.41Mn (USD 119.42Mn) as against Rs. 6751.13 Mn (USD 122.62 Mn) for the corresponding previous quarter, recording a growth of 9.69%.

Net Profit (after taxes and minority interests) for the second quarter was Rs 1542.97 Mn as compared to Rs. 1567.52 Mn for the previous corresponding quarter

 "Despite challenges in the operating environment, we have managed to register decent sales growth of 17% on the back of good performances by our USand Indiabusinesses. We have been also making steady progress on the Innovation R&D front with our 4 NCE & NBE molecules in clinical trials"; said Glenn Saldanha, Chairman &a
'/>"/>

SOURCE Glenmark Pharmaceuticals Ltd
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3

Related biology technology :

1. CryoLife Third Quarter 2013 Revenues Increase 8 Percent to a Record $36.3 Million
2. Neogen reports 18% revenue increase
3. Biotech Firms Receive Orphan Drug Designations, Release Clinical Data, Achieve Goals, Enter Acquisitions & Forecast Revenues - Research Report on Aegerion, Oncolytics, Merrimack, Sangamo, and PDL
4. BioLife Solutions Announces Record Revenue of $2.3 Million in the Second Quarter of 2013
5. Sales Momentum Helps Companies Drive Revenue by Getting Major Account Sales Strategy Right
6. BioLife Solutions Announces Record Revenue of $2.2 Million in First Quarter of 2013
7. SPO Returns to Revenue Generation
8. Global Nano-Materials Market 2002-2016: Nano-Materials Industry, Production Volumes, Revenues and End User Market Demand - MarketResearchReports.Biz
9. Medical Marijuana Inc., Corporate Update- Significant Revenue and Net Income Growth 1st Quarter- Division and Corporate Holdings Update
10. Adeptia Announces 75% Revenue Increase for 2012 Calendar Year
11. Ekahau Achieves 45% Year-over-Year Revenue Growth and Strong Adoption of Safety Alert Solution in 2012
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/15/2014)... January 15, 2014 Two champions of ... their sponsorship of an annual competition for middle and ... access to, innovative STEM study. The competition presents students ... Tests of Engineering Aptitude, Mathematics, and Sciences is ...
(Date:1/15/2014)... Freeslate, Inc ., the leading provider of ... one of India’s top five pharmaceutical companies, has received ... for high throughput solid form screening. , Lupin, ... range of quality, affordable generic and branded formulations and ...
(Date:1/14/2014)... 2014 Carahsoft and CDS Federal Services ... 2014 at 2pm EST (11am PST), “Natural Language Processing: ... on how technology can turn raw, heterogeneous data into ... agencies. The online webinar will last approximately one hour. ...
(Date:1/14/2014)... NY (PRWEB) January 14, 2014 EquitiesIQ, ... Alliqua, Inc. (OTCQB: ALQA). Alliqua is an emerging biomedical ... serve the wound care market. , Free report download: ... restructured with a seasoned management team and Board, which ...
Breaking Biology Technology:Technology Student Association Partners with Leaders in STEM Education Advocacy for Annual Competition 2Technology Student Association Partners with Leaders in STEM Education Advocacy for Annual Competition 3Technology Student Association Partners with Leaders in STEM Education Advocacy for Annual Competition 4Technology Student Association Partners with Leaders in STEM Education Advocacy for Annual Competition 5Lupin Selects Freeslate’s CM Protégé PharmD System to Accelerate Polymorph Screening for Drug Development 2Lupin Selects Freeslate’s CM Protégé PharmD System to Accelerate Polymorph Screening for Drug Development 3Webcast - Natural Language Processing: Converting Raw Data into Actionable Knowledge – Hosted by Carahsoft and CDS Federal Services 2EquitiesIQ Initiates Coverage of Alliqua, Inc. 2EquitiesIQ Initiates Coverage of Alliqua, Inc. 3
... for amplification of long targets (up to 35 kb) from eukaryotic genomes , ... , , , Description , , ... thermostable enzyme. The Expand 20 kb PLUS PCR System also includes ... , a human control DNA (template DNA plus beta-globin primers). ...
... , , , , ... Primer anneal. temp. , Sensitivity e , Specificity f ... Product , to select g , ... viral RNA , , , specific ...
... , , , , , , ... Primer anneal. temp. , Sensitivity , ... , Tolerance , of non- , ... , of serum components , Carry-over , ...
Cached Biology Technology:Expand 20 kbPLUS PCR System 2Reverse transcriptases suitable for two-step RT-PCRd 2Reverse transcriptases suitable for two-step RT-PCRd 3Reverse transcriptases suitable for one-step RT-PCRb 2
(Date:4/20/2014)... April 20, 2014 -- Using corn crop residue to ... can generate more greenhouse gases than gasoline, according to ... Climate Change . , The findings by a University ... corn residue can be used to meet federal mandates ... emissions. , Corn stover -- the stalks, leaves and ...
(Date:4/18/2014)... feeding a world population predicted to reach 9 ... to conservation that considers human-altered landscapes such as ... the natural habitat that supports it might be ... at least three-quarters of the land surface is ... vulnerable to human-caused impacts such as climate change. ...
(Date:4/18/2014)... as soon as they,re planted may be good news for ... In the wild, a plant whose seeds sprouted at the ... than just an insurance policy against late frosts or unexpected ... advantages too: Plants whose seeds put off sprouting until ... in a team of researchers working at the National Evolutionary ...
Breaking Biology News(10 mins):Study casts doubt on climate benefit of biofuels from corn residue 2Study casts doubt on climate benefit of biofuels from corn residue 3Stanford researchers rethink 'natural' habitat for wildlife 2Stanford researchers rethink 'natural' habitat for wildlife 3Stanford researchers rethink 'natural' habitat for wildlife 4Plants with dormant seeds give rise to more species 2
... Texas AgriLife Research scientists finds that contrary to widespread perceptions, ... stream flows, have not been declining as a result of ... twice as high as they were prior to 1950. ... intensive livestock grazing in Texas that dates back to the ...
... University,s Department of Biology has recently returned from a meeting ... The Crocusbank project centres round saffron as a spice ... Its aim is to improve saffron production, a crop which ... and is both sustainable and of very high value. The ...
... , , , , , ... , AUDIO: Dr. Theresa ... Click here for more information. , , ... , , , , , ...
Cached Biology News:Study shows woody plant encroachment has increased stream flow in the Edwards Plateau 2Leicester's internationally acclaimed genetics research involved in project into saffron production 2New study shows teens who drink 100 percent fruit juice have more nutritious diets overall 2New study shows teens who drink 100 percent fruit juice have more nutritious diets overall 3