Aurobindo Pharma shares leap 7% after Q2 outcomes

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Shares of Aurobindo Pharma on Thursday gained almost 7 per cent in early commerce after the corporate reported a 26 per cent improve in consolidated net profit within the second quarter ended September. After opening within the inexperienced, the inventory additional jumped 6.47 per cent to Rs 863.60 on the BSE.

On the NSE, shares of the corporate rose by 6.56 per cent to Rs 864.

Aurobindo Pharma on Wednesday reported a 26 per cent improve in consolidated internet revenue at Rs 805.65 crore within the second quarter ended September.

The corporate had posted a consolidated internet revenue of Rs 639.53 crore in the identical quarter final fiscal, Aurobindo Pharma mentioned in a regulatory submitting.

Consolidated complete income from operations throughout the interval underneath evaluation stood at Rs 6,483.44 crore as in opposition to Rs 5,600.47 crore within the corresponding quarter final fiscal, it added.

Aurobindo Pharma Managing Director N Govindarajan mentioned: “We proceed to carry out effectively throughout all our key geographies and segments to report a constant set of earnings.”

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