Ipca Lab Q2 net profit up 75 pc at Rs 96 cr

New Delhi, Nov 14 (PTI) Drug firm Ipca Laboratories todayreported a 75.55 per cent jump in net profit at Rs 96.47 crorefor the September quarter th...

New Delhi, Nov 14 (PTI) Drug firm Ipca Laboratories todayreported a 75.55 per cent jump in net profit at Rs 96.47 crorefor the September quarter this year.

The company had posted a net profit at Rs 54.95 croreduring the same period of previous fiscal, Ipca Laboratoriessaid in a regulatory filing.

Revenue from operations during the quarter under reviewstood at Rs 864.29 crore. It was Rs 884.41 crore in the yearago period.

Revenue from domestic formulations grew 3 per cent to Rs424.73 crore while exports revenue was down 11 per cent 234.07crore, the company said.

The stock was trading 0.74 per cent down at Rs 539.95 onBSE. PTI PRJMR.

This is unedited, unformatted feed from the Press Trust of India wire.

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