Torrent Pharma Q1 Net Slumps 55% To Rs 292 Crore, US Business Hurts

New Delhi: Drug firm Torrent Pharmaceuticals on Wednesday reported 55.07 per cent fall in consolidated net profit at Rs 292 crore for the June quarter due to a dip in company's US business. The firm had posted a net profit of Rs 650 crore for the same period year ago, Torrent Pharmaceuticals said in a filing to BSE. Consolidated total income from operations also declined to Rs 1,545 crore for the quarter under consideration as agai...