Glenmark Q1 profit tanks 86% on US settlement hit; revenue stays flat

The sharp profit fall was due to a provision of $37.75 million made by Glenmark to settle US antitrust and consumer protection lawsuit with a putative direct purchaser class, subject to court approval

​The sharp profit fall was due to a provision of $37.75 million made by Glenmark to settle US antitrust and consumer protection lawsuit with a putative direct purchaser class, subject to court approval