Q2 2021 Torrent Pharmaceuticals Ltd Earnings Call Transcript

Oct 26, 2020 / 12:00PM GMT
Operator

Ladies and gentlemen, good day, and welcome to Torrent Pharmaceuticals Limited Q2 FY 2021 Earnings Conference Call.

We have with us today Mr. Sanjay Gupta, Executive Director, International Business; Mr. Sudhir Menon, Executive Director, Finance and Chief Financial Officer; and Mr. Aman Mehta, Chief Marketing Officer, India Business. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Sanjay Gupta. Thank you, and over to you, sir.

Sanjay Gupta - Torrent Pharmaceuticals Limited - Executive Director of International Business

Thank you. Good evening, everybody. Welcome to our Q2 FY '21 earnings call. I would like to begin by commenting on current market trends. We are seeing a strong recovery in our branded generic markets. In India, the field activities are back to 70% to 80% of normal levels. With doctors spending higher in-clinic time due to increase in patient footfall, Q2 IPM growth recovered to positive 1% from negative 6% in Q1. We continue to see strong growth in the chronic

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