India's J B Chemicals and Pharmaceuticals drops after quarterly profit fall

J B Chemicals and Pharmaceuticals

12/05/2026 05:15

** India's J B Chemicals and Pharmaceuticals JBCH.NS falls 2.63% to 2,151 rupees, on track to snap six sessions of gains

** Pharma co reported 30.4% y/y drop in quarterly profit; revenue down 4.8% y/y

** Co recorded one-time restructuring loss of 270 million rupees

** Nomura says results hit by post-acquisition integration disruptions following parent Torrent Pharma's TORP.NS takeover, with sales/EBITDA/PAT missing its estimates by 10%/20%/38%

** Cites distribution optimisation, discontinuation of low-margin generics and alignment with Torrent practices as key drags

** YTD, stock up 21.4%

($1 = 95.5813 Indian rupees)

 (Reporting by Surbhi Misra in Bengaluru)

 ((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))