Alembic Pharmaceuticals standalone net profit declines 33.21% in the March 2017 quarter

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Sales rise 10.65% to Rs 642.75 crore
Net profit of Alembic Pharmaceuticals declined 33.21% to Rs 59.24 crore in the quarter ended March 2017 as against Rs 88.70 crore during the previous quarter ended March 2016. Sales rose 10.65% to Rs 642.75 crore in the quarter ended March 2017 as against Rs 580.87 crore during the previous quarter ended March 2016.For the full year,net profit declined 38.37% to Rs 430.63 crore in the year ended March 2017 as against Rs 698.74 crore during the previous year ended March 2016. Sales declined 0.32% to Rs 2953.16 crore in the year ended March 2017 as against Rs 2962.65 crore during the previous year ended March 2016.
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First Published: May 03 2017 | 4:24 PM IST