Torrent Pharmaceuticals Q2 FY27 Results: Revenue Rises 51% To ₹4,979 Crore, While Net Profit Falls 10%

Torrent Pharmaceuticals reported 50.8% YoY growth in consolidated revenue to ₹4,979 crore in Q2 FY27. Operating EBITDA rose 53.8% to ₹1,666 crore, but profit after tax fell 9.6% to ₹534 crore.
Torrent Pharmaceuticals reported consolidated revenue of ₹4,979 crore in Q2 FY27, an increase of 50.8% year-on-year (YoY). Operating earnings before interest, tax, depreciation and amortisation (EBITDA) before exceptional items rose 53.8% to ₹1,666 crore, while profit after tax (PAT) declined 9.6% to ₹534 crore.
The company’s base business recorded 18% revenue growth, supported by its India, Brazil and US operations. However, the integration of the JB business following the merger had a temporary impact on revenue during the quarter.
The Torrent Pharma share price closed at ₹4,524.40 on 23 October 2026 on the National Stock Exchange (NSE), down almost 2%.
Torrent Pharma Q2 Results: Other Key Highlights
Gross profit rose 50.1% to ₹3,755 crore, with gross margin at 75.4%, compared with 75.8% a year earlier. Operating EBITDA margin improved to 33.5% from 32.8%.
Research and development (R&D) expenditure increased 35% to ₹211 crore, accounting for 4.2% of revenue. For H1 FY27, revenue grew 52.8% to ₹9,900 crore, and operating EBITDA rose 57.4% to ₹3,330 crore. PAT fell 3.4% to ₹1,100 crore.
Torrent Pharma’s Regional Revenue Performance
India revenue increased 20% to ₹2,181 crore, ahead of the 12% growth reported for the Indian pharmaceutical market, according to PharmaTrac. Torrent’s generic semaglutide products held a combined 32% market share across oral and injectable formulations.
Brazil revenue rose 38% to ₹440 crore, while US revenue grew 24% to ₹417 crore, supported by new launches. Germany revenue declined 7% to ₹283 crore amid third-party supplier disruptions and the loss of certain high-volume tenders.
Torrent said integration of the India business, optimisation of its global network and alignment of manufacturing and quality systems following the merger with JB, effective 8 July 2026, temporarily affected revenue during Q2 FY27.
Also Read - Tata Motors Q2 FY27 Results: Consolidated Revenue Rises 36% To ₹25,338 Crore, Company Returns To Profit
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Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
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