India’s Torrent Pharma misses third-quarter profit forecast as insulin plant closes
2025-01-24 17:16:00 : (Reuters) – India’s Torrent Pharmaceuticals reported lower-than-expected third-quarter profit on Friday as it plans to close its insulin production facility. The company, best known for its calcium supplement Shelcal 500, saw consolidated net profit rise nearly 14% to 5.03 billion rupees ($58.3 million) in the quarter ended December 31, 2019, below analysts’ … Read more