Pharmaceutical company Ipca Laboratories today said its net profit for the quarter ended December 31 declined 39.54 per cent at Rs 23.18 crore.
The company had a net profit of Rs 38.34 crore for the same quarter FY'08, Ipca Laboratories said in a filing to the Bombay Stock Exchange.
Total income of the company rose to Rs 313.13 crore for the quarter under review, against Rs 273.64 crore for the same quarter corresponding year.
Further, the board has declared second interim dividend of Rs 3 per share, the filing added.
For the nine months ended December 31, the company had a net profit of Rs 83.32 crore, against Rs 118.48 crore for the same period last fiscal.
Shares of the Ipca Laboratories were trading at Rs 351.80, down 0.52 per cent on the BSE.
