Q2 2022 Glenmark Pharmaceuticals Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to the Q2 FY '22 Earnings Conference Call of Glenmark Pharmaceuticals Limited. (Operator Instructions) Please note that this conference is being recorded.
I would now like to hand the conference over to Mr. Ravi Agrawal. Thank you, and over to you, sir.
Yes. Thank you, moderator. A warm good morning to everyone, and welcome to the Q2 FY '22 Results Conference Call of Glenmark Pharmaceuticals Limited.
Before we start the call, a review of the operations of the company. For the second quarter of FY '21/'22, Glenmark's consolidated revenue was at INR 31,474 million as against INR 29,525 million, recording an increase of 6.6% year-on-year. For the 6 months ending September 30, 2021, Glenmark's consolidated revenue was at INR 61,123 million as against INR 52,973 million, recording an increase of 15.4% year-on-year.
On to the businesses. First, the India business. Sales from the formulation business in India in Q2 FY '22 was at INR 9
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