Indoco Remedies reports 73% rise in Q3 consolidated net profit

23 Jan 2020 Evaluate

Indoco Remedies has reported results for third quarter ended December 31, 2019.

The company has reported 74.91% rise in its net profit at Rs 9.34 crore for the quarter under review as compared to Rs 5.34 crore for the same quarter in the previous year. Total income of the company increased by 10.23% at Rs 290.06 crore for Q3FY20 as compared Rs 263.13 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 72.68% in its net profit attributed to the equity holders at Rs 9.10 crore for the quarter under review as compared to Rs 5.27 crore for the same quarter in the previous year. Total income of the company increased by 10.21% at Rs 290.07 crore for Q3FY20 as compared Rs 263.20 crore for the corresponding quarter previous year.

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