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Torrent Pharma's Constant Currency Growth

Author
Zerodha Varsity
Published
Tue 03 Dec 2024
Episode Link
https://side-notes-by-zerodha-varsity.simplecast.com/episodes/ep-15-torrent-pharmas-constant-currency-growth-WtmDD3qY

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?


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Disclaimer: 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.

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