USFDA inspection of Granules' Visakhapatnam facility concludes with zero observations

The operating profit margins grew 40 bps to 19.1 percent versus 18.7 percent in the same quarter last year. The net profitability of the company is 8 percent higher at Rs 120 crore. In the fourth quarter of the financial year 2021-22, the net profit stood at Rs 111 crore.

The finance costs have jumped to Rs 19 crore versus Rs 6 crore in the same quarter last year and Rs 17 crore in the third quarter of the financial year 2022-23.

For the full financial year 2022-23, revenues are higher by 20 percent to Rs 4,512 crore, while earnings before interest, tax, depreciation, and amortization grew 27 percent to Rs 914 crore.

Operating profit margins stood at 20.3 percent versus 19.2 percent in the financial year 2021-22. The net profitability grew 25 percent to Rs 517 crore.