Image Source: ET Pharma
Glenmark Pharmaceuticals reported strong Q3 FY26 results with consolidated revenue rising 15.1% year-on-year to Rs 39.01 billion and net profit increasing 15.9% to Rs 4.03 billion. Growth was driven by robust performance in India and North America, margin expansion, and improved product mix across geographies.
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Glenmark Pharmaceuticals announced its financial results for the third quarter ended December 31, 2025, showcasing resilient growth across markets despite sequential declines. The company highlighted disciplined execution and strong traction in core therapies.
Key Highlights
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Revenue from operations stood at Rs 39.01 billion, up 15.1% year-on-year
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Consolidated net profit reached Rs 4.03 billion, a 15.9% increase year-on-year
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EBITDA surged 44.9% to Rs 8.69 billion, with margins expanding to 22.3% from 17.7% last year
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India formulations revenue grew 22.1% to Rs 12.99 billion, driven by strong demand in core therapies
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North America revenue rose 24.2% to Rs 9.71 billion, supported by new launches and out-licensing income
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Europe revenue increased 9.1% to Rs 7.96 billion, while emerging markets grew 8.4% to Rs 8.12 billion
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Exceptional items of Rs 1.84 billion were recorded, linked to new labour codes and US legal settlements
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Nine-month consolidated revenue stood at Rs 132.12 billion with net profit of Rs 10.61 billion
Sources: Business Standard, The Economic Times, InvestyWise, ScanX News
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