<?xml version="1.0" encoding="UTF-8" standalone="no"?><!--IFIndAs V2.1 (26-06-2026)--><xbrli:xbrl xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:in-capmkt="http://www.sebi.gov.in/xbrl/2026-01-31/in-capmkt" xmlns:in-capmkt-ent="http://www.sebi.gov.in/xbrl/IntegratedFinance_IndAS/2026-01-31/in-capmkt/in-capmkt-ent" xmlns:in-capmkt-roles="http://www.sebi.gov.in/xbrl/IntegratedFinance_IndAS/2026-01-31/in-capmkt-roles" xmlns:in-capmkt-types="http://www.sebi.gov.in/xbrl/2026-01-31/in-capmkt-types" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:negated="http://www.xbrl.org/2009/role/negated" xmlns:net="http://www.xbrl.org/2009/role/net" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xl="http://www.xbrl.org/2003/XLink" xmlns:xlink="http://www.w3.org/1999/xlink"><link:schemaRef 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unitRef="INRPerShare">8.92</in-capmkt:DilutedEarningsLossPerShareFromContinuingAndDiscontinuedOperations><in-capmkt:DisclosureOfNotesOnFinancialResultsExplanatoryTextBlock contextRef="OneD">1. The unaudited Standalone Results for the Quarter ended 30th June, 2026, have been reviewed by the Audit committee and approved by the Board of Directors of the Company at its meeting held on 28th July, 2026. The Statutory Auditors have expressed an Unmodified Audit opinion on these unaudited Standalone Financial Results. &lt;br /&gt; 
 &lt;br /&gt; 
2. The figures for corresponding previous periods have been restated / regrouped wherever necessary, to make them comparable. &lt;br /&gt; 
 &lt;br /&gt; 
3. The company has only one primary reportable segment of activity, namely, Pharmaceuticals. &lt;br /&gt; 
 &lt;br /&gt; 
4. Net Sales and Income from Operations as per Secondary Segment (Geographical) is as follows: &lt;br /&gt; 
 &lt;br /&gt; 
                                                                                                                                                (Rs. in Lakhs) &lt;br /&gt; 
Net Sales                              Qtr ended                    Qtr ended                  Qtr ended            Year ended &lt;br /&gt; 
&amp; Income                              30-06-2026                   31-03-2026               30-06-2025          31-03-2026 &lt;br /&gt; 
from Operations                     (Unaudited)                 (Audited)                     (Unaudited)         (Audited) &lt;br /&gt; 
 &lt;br /&gt; 
India                                        22,775                          19,363                        22,255                89,413 &lt;br /&gt; 
Outside India                           18,037                          23,543                       16,306                73,941 &lt;br /&gt; 
-------------------------------------------------------------------------------------------------------------------------- &lt;br /&gt; 
Total :                                      40,812                         42,906                      38,561              1,63,354 &lt;br /&gt; 
============================================================== &lt;br /&gt; 
 &lt;br /&gt; 
5. The statutory auditors of the company have carried out limited review of the financial results for the quarter ended 30th June, 2026. &lt;br /&gt; 
 &lt;br /&gt; 
6. Figures for the quarter ended 31.3.2026 represents the difference between audited figures in respect of the full financial year and published figures for the period ended 31.12.2025 (limited reviewed) . &lt;br /&gt; 
 &lt;br /&gt; 
7. (*) The Company completed the slump sale of its Ophthalmic Business Division to Sunways (India) Private Limited.  The gain on sale of Rs 9,734 Lakhs has been recognized as an Exceptional Item in the Statement of Profit or Loss. &lt;br /&gt; 
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