BackIpca Laboratories net dips 40% to Rs23 cr
Ipca Laboratories net dips 40% to Rs23 cr
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New Delhi: Pharmaceutical company Ipca Laboratories today said its net profit for the quarter ended 31 December declined 39.54% at ₹ 23.18 crore.
The company had a net profit of Rs38.34 crore for the same quarter FY’08, Ipca Laboratories said in a filing to the Bombay Stock Exchange.
Total income of the company rose to Rs313.13 crore for the quarter under review, against Rs273.64 crore for the same quarter corresponding year.
Further, the board has declared second interim dividend of Rs3 per share, the filing added.
For the nine months ended 31 December, the company had a net profit of Rs83.32 crore, against Rs118.48 crore for the same period last fiscal.
Shares of the Ipca Laboratories were trading at Rs351.80, down 0.52% on the BSE.
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