Pharmaceuticals company Granules India announced Q1FY27 results Consolidated Financial Highlights: Total Revenue from Operations: The consolidated revenue for Q1FY27 stood at Rs 14,767.74 million, representing a YoY increase of 22.04% compared to Rs 12,101.06 million in Q1FY26. On a QoQ basis, revenue grew marginally by 0.42% from Rs 14,706.08 million in Q4FY26. Total Income: For Q1FY27, total income was Rs 14,790.41 million, a growth of 20.59% YoY from Rs 12,264.51 million in Q1FY26. It remained nearly flat on a QoQ basis with a slight decline of 0.02% compared to Rs 14,793.82 million in Q4FY26. Profit Before Tax (PBT): The PBT for Q1FY27 reached Rs 2,404.04 million, showing a substantial YoY growth of 66.34% from Rs 1,445.25 million in Q1FY26. However, it witnessed a QoQ decline of 8.37% from Rs 2,623.57 million in Q4FY26. Profit for the period (PAT): Net profit for Q1FY27 was Rs 1,799.63 million, reflecting a YoY increase of 59.77% over Rs 1,126.36 million in Q1FY26, while decreasing 10.72% QoQ from Rs 2,015.68 million in Q4FY26. Total Comprehensive Income: The total comprehensive income for Q1FY27 was Rs 2,100.24 million, an increase of 59.51% YoY compared to Rs 1,316.64 million in Q1FY26, and a QoQ decrease of 21.58% from Rs 2,678.15 million in Q4FY26. Earnings Per Share (EPS): Basic EPS for Q1FY27 stood at Rs 7.26, up from Rs 4.64 in Q1FY26 (YoY) and down from Rs 8.23 in Q4FY26 (QoQ). Standalone Financial Highlights: Total Revenue from Operations: Standalone revenue for Q1FY27 was Rs 8,018.77 million, showing a minor YoY decline of 1.03% from Rs 8,102.08 million in Q1FY26 and a QoQ decrease of 8.55% from Rs 8,768.21 million in Q4FY26. Total Income: Total standalone income for Q1FY27 stood at Rs 8,156.61 million, down 0.94% YoY and 8.71% QoQ. Profit Before Tax (PBT): Standalone PBT for Q1FY27 was Rs 965.64 million, growing 5.59% YoY from Rs 914.47 million in Q1FY26, but declining 26.89% QoQ from Rs 1,320.84 million in Q4FY26. Profit for the period (PAT): Net profit for Q1FY27 was Rs 717.46 million, an increase of 3.25% YoY from Rs 694.85 million in Q1FY26, and a decrease of 27.52% QoQ compared to Rs 989.87 million in Q4FY26. Business Highlights: Segment Performance: The Group operates in a single reportable business segment, which is Pharmaceutical products, including ingredients and intermediaries. Equity Share Allotment: During FY26, the Company allotted 5,128,205 equity shares of Rs 1/- each, fully paid up, to members of the non-promoter category on a preferential basis. Warrants Issuance: The Board approved the issuance of 25,000,000 warrants on December 23, 2025, to the Promoter and Non-Promoter investor categories at an issuance price of Rs 585/- per warrant. The Company received Rs 3,656.25 million (25% of total consideration) on February 23, 2026. Regulatory Update: Regarding the USFDA warning letter received in February 2025 for the Gagillapur facility, the Group has implemented remedial measures, including the engagement of independent consultants and on-site experts to enhance procedures and ensure effective implementation of corrective actions. Exceptional Items: There were no exceptional items reported in Q1FY27. The exceptional item of Rs 121.60 million in Q1FY26 related to transaction costs for the acquisition of Senn Chemicals AG. Subsidiary Performance: The consolidated results include the performance of several subsidiaries, including Granules Pharmaceuticals Inc., Granules Consumer Health LLC, and Senn Chemicals AG (w.e.f. April 10, 2025). One subsidiary reported total revenues and net profit of Rs Nil for Q1FY27. Krishna Prasad Chigurupati, Chairman & Managing Director of Granules India, said, “Q1FY27 marks an important step forward for Granules India as the foundations strengthened during FY26 begin to translate into greater execution confidence, strategic clarity and business resilience. Our focus remains firmly on regulatory and quality excellence, portfolio transformation toward complex and differentiated products, geographic and customer diversification and scaling new growth engines. While external cost pressures and supply chain volatility require continuous management for the next couple of quarters, we are continuing to invest in R&D; largely towards Complex Gx, digitalization, operational excellence, sustainability and talent to support long-term value creation. With a stronger organization, a more balanced portfolio and clear strategic priorities, we remain confident in Granules’ ability to deliver sustainable growth for all stakeholders.” Result PDF
Conference Call with Granules India Management and Analysts on Q4FY26 & Full Year Performance and Outlook. Listen to the full earnings transcript.