Glenmark Pharma Q3 Results: Reports Net Loss Of Rs 331 Crore

The Mumbai-based bulk and generic drugmaker reported a net loss of Rs 331 crore, as compared with a net profit of Rs 291 crore over the same period last year.

(Source: Unsplash)

Glenmark Pharmaceuticals Ltd. has reported a net loss in the third quarter of fiscal 2024, missing analysts' estimates.

Shares of Glenmark Pharma ended 4.35% lower ahead of the results announcement on Wednesday, as compared with a 0.45% rise in the benchmark NSE.

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WRITTEN BY
Monal Sanghvi
Monal Sanghvi is a Senior Correspondent at NDTV Profit. She is a Chartered ... more
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