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Granules India's Q4 profit drops
Mint Bangalore
|May 29, 2025
Granules India reported a drop in fourth-quarter adjusted profit on Wednesday, hurt by weak pricing and stiff competition in its key European and North American markets.
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Profit before exceptional items and tax fell to ₹1.67 billion ($19.6 million) for the quarter ended March 31, from ₹1.76 billion a year earlier. The drugmaker logged a one-time gain of ₹307.5 million related to an insurance claim it
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