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Ipca Laboratories standalone net profit rises 113.35% in the March 2019 quarter

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Capital Market

Sales rise 6.69% to Rs 833.81 crore

Net profit of Ipca Laboratories rose 113.35% to Rs 109.47 crore in the quarter ended March 2019 as against Rs 51.31 crore during the previous quarter ended March 2018. Sales rose 6.69% to Rs 833.81 crore in the quarter ended March 2019 as against Rs 781.56 crore during the previous quarter ended March 2018.

For the full year,net profit rose 95.15% to Rs 454.91 crore in the year ended March 2019 as against Rs 233.11 crore during the previous year ended March 2018. Sales rose 12.86% to Rs 3633.15 crore in the year ended March 2019 as against Rs 3219.21 crore during the previous year ended March 2018.

 
ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales833.81781.56 7 3633.153219.21 13 OPM %20.9513.91 -19.0813.72 - PBDT183.00114.83 59 729.27457.16 60 PBT141.3971.68 97 557.39282.80 97 NP109.4751.31 113 454.91233.11 95

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First Published: May 31 2019 | 8:23 AM IST

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