Granules India Profit Rises 39% on Higher Revenue
Granules India reported a 39 percent rise in net profit to ₹182 crore. Revenue crossed ₹1,500 crore. The company said higher input and logistics costs, linked to West Asia tensions, weighed on its results. Its chairman expects these cost pressures to continue.
Context
Context: Granules India is a pharmaceutical company, so its input and shipping costs strongly affect its margins. Tensions in West Asia have raised freight and fuel costs for many Indian firms, which is why recent quarterly results often mention higher costs.
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