Piramal Pharma swings into black with Rs 10 cr net profit in Q3
Thu, Feb 1, 2024 12:53 PM

Piramal Pharma swings into black with Rs 10 cr net profit in Q3

A Flip by Shubhangi Gupta
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Piramal Pharma reported a consolidated net profit of Rs 10 crore in the third quarter ending December 2023, swinging from a net loss of Rs 90 crore in the same period last year. The company's revenue from operations also increased to Rs 1,959 crore, with a 14% YoY growth. The contract development and manufacturing business is performing well, with strong order inflows for innovative offerings.

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