Mankind Pharma Q1 FY27 Profit Falls 21%

Mankind Pharma, a drug company in India, said its profit for the first quarter of fiscal year 2027 was lower than last year.

The company earned about ₹558 crore, down from ₹704 crore a year earlier.

Its sales were also a bit lower, and it spent more money, especially on employee benefits.

The earnings per share dropped from ₹17 to ₹13.5.

The company also gave a guarantee to its vaccine subsidiary and sold a hospital business for ₹49 crore.