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Raw material costs stood at 57.7% of the consolidated revenues-higher than the year-ago level of 56.5%. Other expenses, too, climbed to make up 16.2% of the revenues-much higher than the y-o-y level of 14.8%. These increased expenses, and a less favourable product mix, dented profitability.

Gland Pharma share price: Revenue from operations fell 10% year-on-year to Rs 1,384 crore. EBITDA increased by 1% year-on-year to Rs 360 crore, with margins improving by 300 basis points to 26%. R&D expenses were Rs 43.7 crore, making up 4.3% of the revenue.

JB Pharma on Tuesday reported a 22% year-on-year (Y-o-Y) jump in net profit to Rs 162 crore for the quarter ended December 31 led by strong growth in domestic formulation business.

FII data: Foreign investors have invested around Rs 823 crore in the Indian cash market, marking positive FII flows for the first time in over a month. The Indian stock market saw a significant rally, driven by a temporary pause in US tariffs on Mexico and Canada, boosting investor confidence.

Wall Street s main indexes were subdued at the open on Tuesday as investor appetite for risk waned after China retaliated against new trade restrictions announced by U.S. President Donald Trump with counter tariffs.

Two different Benches of the Delhi High Court on Tuesday paved the way for the Religare Enterprises’ (REL) 40th Annual General Meeting (AGM) which is scheduled for February 7.

Global Health (Medanta) reported a 15.6% year-on-year (YoY) jump in net profit to Rs. 143 crore in Q3FY25 due to increase in revenue growth from new hospitals, along with higher patient volumes.

Gold touched a high of Rs 83,010 per 10 gm in the physical market on Tuesday rising by 7.5 per cent in one month. A month ago, gold was Rs 77,161 per 10 gm.

Trump’s tariff pause on Mexico and Canada fueled a market rally, with banking, IT, and energy stocks surging. Nifty closed at 23,739.25, while Sensex gained 979.86 points. Analysts see strong momentum, with potential for further upside.

Quarterly YoY net profit growth measures a company s profit increase compared to the same quarter last year.