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Glenmark Life Sciences's Q1 net profit increased
The Business Guardian
|July 22, 2023
India Today Business Desk: Investors and experts were both interested in Glenmark Life Sciences’ announcement that its first-quarter net earnings had increased.
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Active pharmaceutical ingredients (API), which are the company’s core business, have had rapid expansion in both domestic and foreign markets, which has helped the company perform well.
During the quarter that ended on June 30, Glenmark Life Sciences recorded a net profit of Rs 135 crore, marking a 25 per cent increase compared to the same period last year when it stood at Rs 109 crore. This growth has solidified the company’s position as a key player in the highly competitive pharmaceutical landscape.
Esta historia es de la edición July 22, 2023 de The Business Guardian.
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