Ipca Laboratories consolidated net profit declines 12.72% in the March 2020 quarter

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Sales rise 22.07% to Rs 1073.76 crore
Net profit of Ipca Laboratories declined 12.72% to Rs 86.01 crore in the quarter ended March 2020 as against Rs 98.55 crore during the previous quarter ended March 2019. Sales rose 22.07% to Rs 1073.76 crore in the quarter ended March 2020 as against Rs 879.61 crore during the previous quarter ended March 2019.For the full year,net profit rose 36.30% to Rs 606.32 crore in the year ended March 2020 as against Rs 444.83 crore during the previous year ended March 2019. Sales rose 23.20% to Rs 4648.71 crore in the year ended March 2020 as against Rs 3773.18 crore during the previous year ended March 2019.
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First Published: Jun 16 2020 | 2:05 PM IST