The company had posted a net profit of Rs 129.45 crore for the corresponding period of the previous fiscal.
Standalone total income from operations has also reduced to Rs 780.60 crore for the quarter under consideration as against Rs 846.70 crore for the same period year ago, Ipca Laboratories said in a filing to the BSE.
"Exports income came down 23 per cent at Rs 402.44 crore," the company said.
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