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Alembic reports 91% fall in Q2 consolidated net profit

04 Nov 2020 Evaluate

Alembic has reported results for second quarter ended September 30, 2020.

The company has reported 90.98% fall in its net profit of Rs 3.17 crore for the quarter under review as against net profit of Rs 35.13 crore for the same quarter in the previous year. Total income of the company decreased 65.87% at Rs 19.18 crore for Q2FY21 as compared Rs 56.20 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 90.84% fall in its net profit at Rs 3.22 crore for the quarter under review as against net profit of Rs 35.15 crore for the same quarter in the previous year. Total income of the company decreased by 65.46% at Rs 19.43 crore for Q2FY21 as compared Rs 56.23 crore for the corresponding quarter previous year.

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