Alembic Pharma Q1 net up 39% at Rs 64.67 cr

Company had reported net profit of Rs 46.64 crore in the April-June period of 2013-14 fiscal

Press Trust of India New Delhi
Last Updated : Jul 28 2014 | 5:04 PM IST
Vadodara based Alembic Pharmaceuticals today reported 38.65% increase in consolidated net profit at Rs 64.67 crore for the quarter ended June 30, 2014-15.

The company had reported net profit of Rs 46.64 crore in the April-June period of 2013-14 fiscal.

Net sales during Q1, 2014-15 went up by 15.72% to Rs 493.65 crore, from Rs 426.59 crore in the year-ago period, Alembic said in a BSE filing.

Also Read

During the quarter, its branded formulations business grew by 16% to Rs 223.3 crore, while international generic formulation business registered a growth of 33% at Rs 113.8 crore.

The Alembic Pharmaceuticals scrip closed at Rs 339.75, up 2.77%, on the BSE.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 28 2014 | 4:08 PM IST

Next Story