Q4 2023 Torrent Pharmaceuticals Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to the Q4 FY '23 Earnings Conference Call of Torrent Pharmaceuticals Limited. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Sudhir Menon, CFO of Torrent Pharma Limited. Thank you, and over to you, sir.
Thank you. Good evening, and welcome to quarter 4 FY '23 earnings call. Quarter 4 continued to witness robust growth in branded generic markets, aided by market share gain, performance of the top brands and new launches. The branded generic market, which now constitutes 70% plus of the total revenue has grown 20% plus.
The scheme of arrangement for amalgamation of Curatio is approved by NCLT. And pursuant to this, the business combination has been recognized with effect from 14th of October 2022, which was the acquisition date or the appointed date. The financials now reflect the effect of amalgamation effective 14th of October 2022.
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