Side Notes by Zerodha Varsity

Torrent Pharma's Constant Currency Growth


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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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Side Notes by Zerodha VarsityBy Zerodha Varsity