Indoco Remedies has reported results for third quarter ended December 31, 2013.
The company has reported 91.32% rise in its net profit at Rs 14.12 crore for the quarter as compared to Rs 7.38 crore for the same quarter in the previous year. Total income from operations of the company has increased by 22.47% at Rs 187.81 crore for quarter under review as compared to Rs 153.35 crore for the quarter ended December 31, 2012.
Indoco Remedies is engaged in the manufacturing and marketing of formulations (finished dosage forms) and active pharmaceutical ingredients (APIs) in India.