Glenmark Pharmaceuticals Ltd (NSE:GLENMARK)
₹ 1194.15 -15.7 (-1.3%) Market Cap: 336.71 Bil Enterprise Value: 330.69 Bil PE Ratio: 0 PB Ratio: 4.29 GF Score: 83/100
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Q2 2020 Glenmark Pharmaceuticals Ltd Earnings Call Transcript

Nov 15, 2019 / 03:00AM GMT
Release Date Price: ₹301 (+6.72%)
Operator

Ladies and gentlemen, good day, and welcome to the Q2 FY '20 Earnings Conference Call of Glenmark Pharmaceuticals Limited. (Operator Instructions) Please note that this conference is being recorded.

I would now like to hand the conference over to Mr. Jason D'souza. Thank you, and over to you, sir.

Jason D;souza
Glenmark Pharmaceuticals Limited - Senior VP & Head of Corporate Strategy

' -

Thank you, moderator. Welcome to Glenmark's Q2 Earnings Call.

Before we open the floor for question and answer, the review of the operations for the quarter ended September 30, 2019. For the second quarter of FY '20, Glenmark's consolidated revenue was at INR 28,150 million, recording an increase of 9.05%. For the first 6 months of the financial year, Glenmark's consolidated revenue was at INR 51,379 million, recording an increase of 8.2%.

India. Sales from the India formulation business for the second quarter was at INR 8,963 million, recording a growth of 15.16%. The India business continues to outperform the industry growth. As

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