Indoco Remedies Q4 net profit down 14 pc at Rs 18 cr

Image
Press Trust of India New Delhi
Last Updated : May 26 2017 | 2:02 PM IST
Drug firm Indoco Remedies today reported a 14.36 per cent decline in standalone net profit at Rs 17.94 crore for the March quarter.
The company had posted a net profit of Rs 20.95 crore during the January-March quarter of previous fiscal, Indoco Remedies said in a BSE filing.
Total income from operations during the quarter under review stood at Rs 276.94 crore, as against Rs 265.22 crore in the year ago period, down 4.41 per cent.
For the entire fiscal, the company reported a net profit of Rs 77.45 crore compared to Rs 82.29 crore in the 2015-16 fiscal.
Shares of Indoco Remedies were trading at Rs 191, down 0.49 per cent on BSE.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: May 26 2017 | 2:02 PM IST

Next Story