For representational purpose. (File Photo | PTI) 
Business

Lincoln Pharma Q1 net profit up 20% at Rs 15.26 crore

Consolidated total income of the company stood at Rs 105.59 crore for the quarter under consideration.

From our online archive

New Delhi, Aug 20 (PTI) Drug firm Lincoln Pharmaceuticals on Thursday reported a 20.44 per cent rise in its consolidated net profit to Rs 15.26 crore for the quarter ended June 30, 2020.

The company had posted a net profit of Rs 12.67 crore for the corresponding period of the previous fiscal, Lincoln Pharmaceuticals said in a filing to BSE.

Consolidated total income of the company stood at Rs 105.59 crore for the quarter under consideration.

It was Rs 98.10 crore for the same period a year ago, it added.

"Despite a challenging economic and business environment due to COVID 19, the company has delivered a robust financial performance quarter over quarter maintaining healthy growth in revenue, profitability and expects to continue the growth momentum in the coming years," Lincoln Pharmaceuticals MD Mahendra Patel said.

'Traitors who stabbed people in the back': AAP slams Rajya Sabha MPs who quit party to join BJP

Three killed in fresh Kuki-Naga violence in Manipur’s Ukhrul; several injured amid retaliatory clashes

RBI cancels Paytm Payments Bank licence, to seek winding up in High Court

Opposition moves fresh notice in RS to remove CEC Gyanesh Kumar; flags inaction over PM Modi's alleged MCC violation

Iranian foreign minister to travel to Pakistan for talks on ceasefire with US

SCROLL FOR NEXT