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Granules India Ltd’s posted a net profit of ₹22 crore in the third-quarter ended December 31 compared to ₹5.8 crore in the year-ago period. The consolidated revenue increased 45 per cent to ₹284 crore (₹195 crore). “Growth was driven by strong performance across all manufacturing facilities, including the formulation facility at Gagillapur, which continued to scale-up production,” Krishna Prasad, Managing Director of Granules India said in a release issued on Tuesday.
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