Mumbai, Nov. 15 -- Profit before tax (PBT) surged 104.7% YoY to Rs 967.40 crore in Q2 FY26.

EBITDA was Rs 2,359.6 crore in the quarter ended September 30, 2025, as compared to Rs 601.9 crore in the corresponding quarter of the previous year, registering growth of 292% and an EBITDA margin of 39%.

In India, sales from the formulation business in Q2 FY26 were at Rs 165 crore as against Rs 1,281.7 crore posted in the previous corresponding quarter, recording a decline of 87.1%

The North America business recorded sales of Rs 4,465.6 crore for the second quarter of FY26 as against revenue of Rs 740.5 crore for the second quarter of FY25.

Glenmark Europe's operations revenue for the second quarter of FY26 was Rs 746.0 crore as against Rs 68...