Torrent Pharmaceuticals shares jumped over 3% in morning trade following robust Q4FY24 earnings. As of 9:27 AM, the shares were trading 3.17% higher at Rs 3,344.20,
The company reported a net profit of ₹498 crore, marking a 10.9% year-on-year (YoY) growth from ₹449 crore in the same quarter last year.
Revenue rose 7.8% to ₹2,959 crore, compared to ₹2,745 crore in Q4FY23, driven by strong performance across key geographies and therapeutic areas. The company also reported healthy EBITDA growth of 9.2% at ₹964 crore, up from ₹883 crore. Operating margins remained steady at 32.6%, reflecting consistent cost control and operational efficiency.
Torrent Pharma’s Board of Directors has recommended a final dividend of ₹6 per equity share (120%) for the financial year ended March 2025. This is in addition to the interim dividend of ₹26 per share declared earlier, taking the total dividend payout for FY25 to ₹32 per share.
Torrent Pharmaceuticals opened at ₹3,245.00 today, matching its low for the session. The stock climbed to a high of ₹3,365.00 during the day. Currently, it trades between a 52-week high of ₹3,590.70 and a low of ₹2,570.45.
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