Torrent Pharma's Constant Currency Growth

03/12/2024 5 min Episodio 15
Torrent Pharma's Constant Currency Growth

Listen "Torrent Pharma's Constant Currency Growth"

Episode Synopsis

Torrent Pharma's Q2FY25 revenues from Brazil were up 4%, but in constant currency terms, the same revenues were up 17%. The concept of constant currency comes up only when the business has operations in multiple countries. But what is the concept of constant currency?
Zerodha Varsity on Social Media:Instagram: https://www.instagram.com/zerodhavarsity/X: https://x.com/ZerodhaVarsityYouTube: https://www.youtube.com/@varsitybyzerodhaDisclaimer: The stocks or financial instruments discussed in this podcast are meant for educational purposes only. Please do not consider them recommendations or financial advice of any form.