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Ipca Laboratories standalone net profit rises 127.87% in the March 2016 quarter

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Capital Market

Sales decline 1.67% to Rs 612.25 crore

Net profit of Ipca Laboratories rose 127.87% to Rs 37.69 crore in the quarter ended March 2016 as against Rs 16.54 crore during the previous quarter ended March 2015. Sales declined 1.67% to Rs 612.25 crore in the quarter ended March 2016 as against Rs 622.67 crore during the previous quarter ended March 2015.

For the full year,net profit declined 64.29% to Rs 91.45 crore in the year ended March 2016 as against Rs 256.11 crore during the previous year ended March 2015. Sales declined 9.28% to Rs 2776.08 crore in the year ended March 2016 as against Rs 3059.91 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales612.25622.67 -2 2776.083059.91 -9 OPM %9.915.92 -10.2617.12 - PBDT61.2662.23 -2 278.24534.90 -48 PBT22.0817.83 24 108.52357.73 -70 NP37.6916.54 128 91.45256.11 -64

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First Published: May 30 2016 | 4:09 PM IST

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