Integrated Filing — IndAS

General information about company
Scrip Code	532296
NSE Symbol	GLENMARK
MSEI Symbol	NOTLISTED
ISIN	INE935A01035
Name of company	Glenmark Pharmaceuticals Limited
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	23-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	12-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Pharmaceuticals
Start date and time of board meeting	23-May-2025   14:00:00
End date and time of board meeting	23-May-2025   16:54:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-02-14
Indicate Company website link for updated RPT policy of the Company	https://glenmark.b-cdn.net/gpl_pdfs/about_us/Policy%20on%20RPT%20and%20its%20Materiality.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
The Company is debt free.

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	20094930000	92264090000
	Other income	884520000	3563660000
	Total income	20979450000	95827750000
2	Expenses
(a)	Cost of materials consumed	6960130000	27814470000
(b)	Purchases of stock-in-trade	914820000	3732070000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-13780000	444760000
(d)	Employee benefit expense	3827030000	16034980000
(e)	Finance costs	131270000	487330000
(f)	Depreciation, depletion and amortisation expense	555290000	2186290000
(f)	Other Expenses
1	Other Expenses	5001480000	21796010000
	Total other expenses	5001480000	21796010000
	Total expenses	17376240000	72495910000
3	Total profit before exceptional items and tax	3603210000	23331840000
4	Exceptional items	-1791660000	-1791660000
5	Total profit before tax	1811550000	21540180000
6	Tax expense
7	Current tax	-256210000	3160870000
8	Deferred tax	590160000	2275810000
9	Total tax expenses	333950000	5436680000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	1477600000	16103500000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	1477600000	16103500000
17	Other comprehensive income net of taxes	-30010000	-64660000
18	Total Comprehensive Income for the period	1447590000	16038840000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	282190000	282190000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		244757370000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	5.24	57.07
	Diluted earnings (loss) per share from continuing operations	5.24	57.07
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	5.24	57.07
	Diluted earnings (loss) per share from continuing and discontinued operations	5.24	57.07
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	16608090000
	Capital work-in-progress	1213380000
	Investment property	1244170000
	Goodwill	0
	Other intangible assets	1939500000
	Intangible assets under development	332210000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	151949070000
	Trade receivables, non-current	0
	Loans, non-current	57542540000
	Other non-current financial assets	456880000
	Total non-current financial assets	209948490000
	Deferred tax assets (net)	0
	Other non-current assets	1270230000
	Total non-current assets	232556070000
2	Current assets
	Inventories	13693110000
	Current financial asset
	Current investments	0
	Trade receivables, current	25501560000
	Cash and cash equivalents	1314510000
	Bank balance other than cash and cash equivalents	12910000
	Loans, current	0
	Other current financial assets	189870000
	Total current financial assets	27018850000
	Current tax assets (net)	0
	Other current assets	7064780000
	Total current assets	47776740000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	280332810000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	282190000
	Other equity	244757370000
	Total equity attributable to owners of parent	245039560000
	Non controlling interest
	Total equity	245039560000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	2251550000
	Total non-current financial liabilities	2251550000
	Provisions, non-current	0
	Deferred tax liabilities (net)	582610000
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	2834160000
	Current liabilities
	Current financial liabilities
	Borrowings, current	6988200000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	214410000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	21012170000
	Total Trade payable	21226580000
	Other current financial liabilities	2015610000
	Total current financial liabilities	30230390000
	Other current liabilities	970790000
	Provisions, current	1257910000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	32459090000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	35293250000
	Total equity and liabilites	280332810000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Items that will not be reclassified to profit or loss	-46130000	-99390000
	Total Amount of items that will not be reclassified to profit and loss	-46130000	-99390000
2	Income tax relating to items that will not be reclassified to profit or loss	-16120000	-34730000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-30010000	-64660000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			21540180000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			487330000
	Adjustments for decrease (increase) in inventories			-2266250000
	Adjustments for decrease (increase) in trade receivables, current			-290600000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			1990800000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-10799400000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			2186290000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			332880000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-1180550000
	Adjustments for dividend income			60000
	Adjustments for interest income			2051760000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			270000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-24060000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			1791660000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-9823450000
	Net cash flows from (used in) operations			11716730000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			5828760000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			5887970000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			13650000
	Purchase of property, plant and equipment			3409540000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			7450300000
	Purchase of other long-term assets			117500000
	Cash advances and loans made to other parties			10866200000
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			24470000
	Dividends received			60000
	Interest received			2010250000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-660000
	Net cash flows from (used in) investing activities	-4895170000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			592220000
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			0
	Repayments of borrowings			0
	Payments of lease liabilities			399890000
	Dividends paid			704420000
	Interest paid			442020000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-954110000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			38690000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			-3820000
	Net increase (decrease) in cash and cash equivalents			34870000
	Cash and cash equivalents cash flow statement at beginning of period			1279640000
	Cash and cash equivalents cash flow statement at end of period			1314510000