Indoco Remedies standalone net profit rises 14.27% in the March 2018 quarter

Sales decline 2.52% to Rs 258.86 crore

Net profit of Indoco Remedies rose 14.27% to Rs 20.50 crore in the quarter ended March 2018 as against Rs 17.94 crore during the previous quarter ended March 2017. Sales declined 2.52% to Rs 258.86 crore in the quarter ended March 2018 as against Rs 265.55 crore during the previous quarter ended March 2017.

For the full year,net profit declined 46.80% to Rs 41.20 crore in the year ended March 2018 as against Rs 77.45 crore during the previous year ended March 2017. Sales declined 4.63% to Rs 1017.31 crore in the year ended March 2018 as against Rs 1066.65 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales258.86265.55 -3 1017.311066.65 -5 OPM %19.0912.27 -13.2614.68 - PBDT42.1335.79 18 116.14154.60 -25 PBT25.8020.38 27 48.4391.33 -47 NP20.5017.94 14 41.2077.45 -47

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