Stockrabit · Analysts
Questions across 1 call

Surya Narayan Patra

PhilipCapital

IPCA Laboratories Limited

IPCA Laboratories Limited CC-Feb26.pdf · 2026-02-16
Sir, my first question is on the promotional brands growth, what we have seen. I think this is such a strong growth after many quarters that we are witnessing. Anything that can be attributed to this growth? Or is it to some extent led by the rupee depreciation factor?
Okay. Sir, relating to the domestic formulation business, so we have been outpacing the industry growth and we have been 1 of the top 5 or top 10 player in terms of the growth. But it looks like that from the pharma track, the growth would have, to some extent, moderated for us also. And going ahead, if we see the GLP as a kind of ke y growth driver for the industry as a whole but we are not there on the first wave of the comme rcialization of the GLP, so given that, is it likely we would underperform to kind of our larger peers in terms of growth in the domestic market?