GLANDNSEGland Pharma LimitedHighNeutral
Announced Mon, 3 Nov · 16:32 IST

Gland Pharma Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.

Pat Growth 25pctResults View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Gland Pharma's Board approved unaudited results for Q2 and H1 FY26 (ended September 30, 2025), reviewed by Deloitte Haskins & Sells with an unmodified opinion. Consolidated revenue grew about 6% YoY to ₹29,925 million for H1, while consolidated profit after tax surged nearly 76% to ₹6,885 million (vs ₹3,914 million a year ago), helped by lower losses at overseas subsidiaries. On a standalone basis, revenue rose modestly to ₹21,130 million and PAT grew 13% to ₹5,713 million for H1. Standalone EPS for Q2 came in at ₹18.33 vs ₹17.10 a year ago. The company granted ~8.6 lakh ESOPs during the half-year (₹199 million charge), and ended the period with a strong cash balance of ₹27,039 million and negligible debt on the books.

Likely market impact

The sharp jump in consolidated H1 profits and a clean auditor review should be viewed positively by shareholders. However, the headline PAT surge is partly driven by shrinking losses at the French Cenexi subsidiaries rather than strong top-line growth, so investors should watch whether core margins and revenue momentum improve in coming quarters.