Monday, October 29, 2012

Ipca Labs Q2 net profit jumps 60% to Rs 125 cr


Ipca Laboratories  ' net profit grew by 60 percent year-on-year to Rs 125 crore in the second quarter of current financial year 2012-13.

Net sales increased 22.6 percent to Rs 757.5 crore from Rs 618 crore during the same period.

The company has reported a foreign exchange gain of Rs 6 crore in the July-September quarter as against loss of Rs 27 crore in a year ago period.

At 13:33 hours IST, the share rallied 2 percent to Rs 472 amid large volumes.


Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal 
Head Dealer 
DENIP Consultants Pvt Ltd

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