India's Granules jumps on Q4 profit growth

Granules India

30/04/2026 05:09

** Shares of India's Granules GRAN.NS jump 1.30% to 713.70 rupees

** Drugmaker's Q4 profit jumps 32.6% y/y to 2.02 billion rupees ($21.30 million), on strong demand for key products across major markets

** Total revenue from operations rises 21.7% y/y

** Europe's revenue share rose to 17% in Q4 FY26 from 8% in Q4 FY25

** Emkay said regulatory clearance of the Gagillapur facility in FY27 could boost formulation sales; introduces FY29 estimates and expects ~26% PAT CAGR over FY26–FY29

** GRAN rated "buy" on average by seven analysts, median PT: 685 rupees - data compiled by LSEG

** YTD, stock up ~18.6%

($1 = 94.8400 Indian rupees)

(Reporting by Bipasha Dey in Bengaluru)

((Bipasha.Dey@thomsonreuters.com;))