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Glenmark Pharmaceuticals' Profit Soars in Fiscal Q4

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Glenmark Pharmaceuticals (NSE:GLENMARK, BOM:532296) posted a consolidated profit attributable to owners of 3.01 billion Indian rupees in the fiscal fourth quarter, up from 46.5 million rupees a year earlier, according to a Friday filing by the pharmaceutical manufacturer.

Earnings per share for the quarter ended March 31 increased to 10.68 rupees from 0.16 rupees a year earlier.

Revenue from operations rose to 37.7 billion rupees from 32.6 billion rupees in the prior-year period.

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