Torrent Pharmaceuticals Limited — Dividend/Bonus, 24-01-2025: Dividend
24-01-2025 | 04:46 pm
24-01-2025 | 04:46 pm
Torrent Pharmaceuticals has announced an interim dividend of ₹26 per equity share (520%) following its latest board meeting, with payout expected around 17th February 2025. For Q3 FY25, the company reported revenues of ₹2,809 crores, reflecting a 3% increase, and a net profit of ₹503 crores, a 14% jump year-on-year. The robust growth in the India business, particularly in chronic therapies, offset challenges like CMO shutdowns and BRL depreciation. The operating EBITDA margin improved to 32.5%, underlining profitability despite external pressures.
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