
Mankind Pharma share price (NSE: MANKIND) declined nearly 4% on Wednesday, marking the stock’s biggest single-day drop in over 8 months. The fall came even after the company reported steady third-quarter earnings for FY26.
The stock touched an intraday low of around ₹2,080 and underperformed the broader market, which was largely flat during the session.
Mankind Pharma reported a profit after tax (PAT) of ₹414 crore for Q3FY26, compared with ₹378 crore in the same quarter last year. Revenue from operations grew 11.5% year-on-year to ₹3,567 crore.
The domestic business, which contributes about 85% of total revenue, grew 11.1%, driven mainly by strong demand in chronic therapies such as cardiac and anti-diabetes drugs.
The company’s consumer healthcare segment posted a 5.2% year-on-year growth. Brands like Gas-O-Fast, Manforce, and Ova saw healthy secondary sales during the quarter, supporting overall performance.
Mankind Pharma is a global pharmaceutical and healthcare company based in Delhi. It offers a wide range of products across key treatment areas, including antibiotics, gastrointestinal care, heart-related therapies, skin treatments, and medicines for erectile dysfunction.
Mankind Pharma’s Q3 performance shows steady profit and revenue growth, but investors remain cautious due to slow organic growth and execution challenges. The pace of recovery in key therapies and integration benefits will be closely watched going forward.
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Published on: Feb 4, 2026, 12:37 PM IST

Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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