Ipca Labs Q3 results: Profit up 67% at Rs 180 crore

The drugmaker had reported a net profit of Rs 108 crore for October-December FY23. Revenue from operations rose to Rs 2,053 crore from Rs 1,546 crore in the year-ago period, Ipca Laboratories said in a regulatory filing

Ipca Labs Q3 results: Profit up 67% at Rs 180 crore
The drugmaker had reported a net profit of Rs 108 crore for October-December FY23. Image Courtesy: Ipca Laboratories

Ipca Laboratories on Wednesday reported 67 per cent increase in consolidated net profit at Rs 180 crore for the third quarter ended December 31, 2023.

The drugmaker had reported a net profit of Rs 108 crore for October-December FY23. Revenue from operations rose to Rs 2,053 crore from Rs 1,546 crore in the year-ago period, Ipca Laboratories said in a regulatory filing.

Shares of the company were trading 0.86 per cent down at Rs 1,150.15 apiece on the BSE.

Catch the latest stock market updates here. For all other news related to business, politics, tech, sports, and auto, visit Zeebiz.com.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

RECOMMENDED STORIES

https://www.zeebiz.com/personal-finance/news-sbi-savings-scheme-interest-rate-indias-saving-rate-shoots-past-global-average-state-bank-of-india-report-334558

India's savings rate shoots past global average: SBI report

https://www.zeebiz.com/markets/stocks/news-steel-stocks-rally-tata-steel-jsw-steel-lead-as-dgtr-probes-surge-in-imports-334557

Steel stocks rally: Tata Steel, JSW Steel lead as DGTR probes surge in imports

https://www.zeebiz.com/market-news/news-sme-ipos-stocks-performed-better-after-listing-than-mainboard-stocks-dam-capital-advisors-mamata-machinery-transrail-lighting-sanathan-textiles-corcord-enviro-current-ipos-open-334556

SME stocks performed better than mainboard stocks post-listing: Report

https://www.zeebiz.com/trending/news-earthquake-today-in-gujarat-37-magnitude-tremor-hits-kutch-epicentre-76-kilometres-north-east-of-lakhpat-gandhinagar-based-isr-said-334555

Earthquake in Gujarat: 3.7 magnitude tremor hits Kutch today

https://www.zeebiz.com/markets/stocks/news-mazagon-dock-shipbuilders-psu-defence-navratna-stock-gains-over-2-per-cent-ship-indian-navy-bse-nse-share-price-334554

Navratna PSU defence stock gains today: Here's why

Written By: PTI
Updated: Wed, Feb 14, 2024
09:19 PM IST
PTI
RELATED NEWS
Ipca Laboratories to acquire 33 per cent stake in Unichem for 1,034 crore Ipca Laboratories to acquire 33 per cent stake in Unichem for 1,034 crore
Top Stocks to Buy on Monday – Escorts, IPCA Lab, L&T Technology Services are picks for high returns, Sandeep Jain says Top Stocks to Buy on Monday – Escorts, IPCA Lab, L&T Technology Services are picks for high returns, Sandeep Jain says

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x