Ipca Labs Q3 net profit up 24 per cent to Rs 197.54 crore

Ipca Labs Q3 net profit up 24 per cent to Rs 197.54 crore

Total income also rose to Rs 1,230.99 crore for the quarter

Ipca Laboratories reported a 24.15 per cent rise in consolidated net profit at Rs 197.54 crore for the quarter ended on December 31, 2019, on account of robust sales. The company had posted a net profit of Rs 159.11 crore for the corresponding period of previous fiscal, Ipca Laboratories said in a filing to the BSE.

Total income also rose to Rs 1,230.99 crore for the quarter under consideration as against Rs 1,019.48 crore in the year-ago period. The company’s board has declared an interim dividend of Rs 5 per share, Ipca Laboratories said.

ipca laboratoriesNet profit
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