Drug firm Indoco Remedies today reported a 14.36 per cent decline in standalone net profit at Rs 17.94 crore for the March quarter.
The company had posted a net profit of Rs 20.95 crore during the January-March quarter of previous fiscal, Indoco Remedies said in a BSE filing.
Total income from operations during the quarter under review stood at Rs 276.94 crore, as against Rs 265.22 crore in the year ago period, down 4.41 per cent.
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Shares of Indoco Remedies were trading at Rs 191, down 0.49 per cent on BSE.
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