Q3 2024 Torrent Pharmaceuticals Ltd Earnings Call Transcript

Feb 02, 2024 / 10:10AM GMT
Operator

Ladies and gentlemen, good day and welcome to the Q3 FY24 Earnings Conference Call of Torrent Pharma. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Sudhir Menon, Chief Financial Officer and Executive Director, Finance. Thank you and over to you, sir.

Sudhir Menon - Torrent Pharmaceuticals Ltd - Chief Financial Officer, Executive Director - Finance

Thank you. Good afternoon and thank you for joining us for the Third Quarter Earnings Call for FY24. This quarter highlights a sustained performance in the branded segment, which accounted for 72% this quarter; steady increase in revenues quarter-on-quarter in Germany on the back of incremental tender wins we've had, some of them starting in the next fiscal as well; and a stable US-based business. We should see new launches in the US starting from quarter one of the next fiscal, which will further help in enhancing the overall company performance from next year.

Our efforts to enhance cost efficiencies are playing out well in the

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