Ipca Laboratories standalone net profit declines 94.32% in the March 2015 quarter

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Sales decline 16.28% to Rs 622.71 crore
Net profit of Ipca Laboratories declined 94.32% to Rs 7.79 crore in the quarter ended March 2015 as against Rs 137.03 crore during the previous quarter ended March 2014. Sales declined 16.28% to Rs 622.71 crore in the quarter ended March 2015 as against Rs 743.81 crore during the previous quarter ended March 2014.For the full year,net profit declined 46.35% to Rs 256.11 crore in the year ended March 2015 as against Rs 477.37 crore during the previous year ended March 2014. Sales declined 4.38% to Rs 3059.91 crore in the year ended March 2015 as against Rs 3200.04 crore during the previous year ended March 2014.
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First Published: May 30 2015 | 2:28 PM IST