Business Performance Review

Segment Performance | GPL vs. External GPL (In Millions) 26.0% External GPL (In Millions) 37.2% 33.9% % of Total Revenue 33.5% 2,309 29.0% 1,594 1,338 1,964 2,000 External % of Total Revenue 74.0% 3,954 71.0% 3,904 66.1% 3,814 3,821 66.5% 3,755 62.8% Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 34% • GPL business in Q2FY24 increased 49.5% YoY and by 1.8% QoQ GPL business contributes 33.5% of the total revenue from operations C 66% 10 10 External business grew by 5.3% YoY and 3.5% QoQ Slower growth in external business was due to subdued growth in CDMO business whereas external generic API business grew strongly in regulated markets Є Glenmark LIFE SCIENCES

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