Ipca Labs' net profit plunges by 19% to Rs 130 crore in Q4
Wed, May 25, 2022 3:53 PM

Ipca Labs' net profit plunges by 19% to Rs 130 crore in Q4

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Ipca Laboratories' consolidated net profit after tax plunged by 19% YoY to Rs 130.23 crore during Q4FY22 in comparison to a PAT of Rs 161.34 crore in the same quarter previous fiscal. The below-par performance was due to higher expenses. The drug maker's consolidated net total income, however, grew by 15% in Q4FY22 to Rs 1,303.64 crore in comparison to Rs 1,134.58 crore in the year-ago period.

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