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Mankind Pharma on Monday posted a 37.69% rise in profit to ₹716.12 crore in the September quarter, driven by strong business growth in domestic and international markets.
The pharma company had posted a profit after tax (PAT) of ₹520.18 crore in the year-ago period, according to a regulatory filing.
Revenue from operations increased to ₹4,337.86 crore during the quarter under review as against ₹3,697.16 crore in the year-ago period, the company said in a regulatory filing.
“Our disciplined execution and strengthening business fundamentals resulted in strong performance. Our recent acquisition of Armed Cell Therapeutics marks strategic entry into Next-Generation CAR-T therapies, strengthening RD capabilities for future growth,” Vice Chairman Managing Director Rajeev Juneja said.
The company posted strong domestic business growth of 15.9%, and 33% in the domestic market, he added.
In the April-September period (H1) of FY27, the company posted a PAT of ₹1,290.21 crore, up from ₹964.8 crore, registering a growth of almost 33.7% the filing showed.
Shares of the company on Monday settled 3.83% higher at ₹2,302 apiece on the BSE.