Indoco Remedies consolidated net profit declines 12.05% in the March 2024 quarter

Sales rise 2.41% to Rs 439.08 crore

Net profit of Indoco Remedies declined 12.05% to Rs 22.70 crore in the quarter ended March 2024 as against Rs 25.81 crore during the previous quarter ended March 2023. Sales rose 2.41% to Rs 439.08 crore in the quarter ended March 2024 as against Rs 428.75 crore during the previous quarter ended March 2023.

For the full year,net profit declined 30.78% to Rs 98.47 crore in the year ended March 2024 as against Rs 142.25 crore during the previous year ended March 2023. Sales rose 9.03% to Rs 1788.22 crore in the year ended March 2024 as against Rs 1640.05 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales439.08428.75 2 1788.221640.05 9 OPM %11.1315.10 -13.6617.44 - PBDT39.4856.62 -30 216.14263.41 -18 PBT13.2538.93 -66 124.27192.80 -36 NP22.7025.81 -12 98.47142.25 -31

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