AstraZeneca Pharma India reports 37% second-quarter revenue growth
ASTRAZEN · price
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AstraZeneca Pharma India reported unaudited second-quarter revenue of INR 5,590.9 million, up 37% from INR 4,080.0 million a year earlier. Profit after the exceptional item and tax was INR 542.2 million, compared with INR 384.3 million. First-half revenue reached INR 10,854.0 million, and seven new approvals supported growth, led by cancer medicines.
Strong revenue and profit growth may support the stock, but investors should review the exceptional item and unaudited numbers.