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Alkem Laboratories consolidated net profit declines 56.87% in the March 2016 quarter

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Capital Market

Sales rise 24.36% to Rs 1110.97 crore

Net profit of Alkem Laboratories declined 56.87% to Rs 56.72 crore in the quarter ended March 2016 as against Rs 131.51 crore during the previous quarter ended March 2015. Sales rose 24.36% to Rs 1110.97 crore in the quarter ended March 2016 as against Rs 893.35 crore during the previous quarter ended March 2015.

For the full year,net profit rose 71.89% to Rs 673.12 crore in the year ended March 2016 as against Rs 391.59 crore during the previous year ended March 2015. Sales rose 33.19% to Rs 4876.85 crore in the year ended March 2016 as against Rs 3661.59 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales1110.97893.35 24 4876.853661.59 33 OPM %14.2315.07 -17.3911.52 - PBDT189.90168.52 13 945.68521.76 81 PBT163.90150.39 9 845.10450.82 87 NP56.72131.51 -57 673.12391.59 72

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First Published: May 28 2016 | 11:54 AM IST

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