PTI

Alembic Pharmaceuticals posts Rs 136.5 crore net profit in Q2

Alembic Pharmaceuticals posts Rs 136.5 crore net profit in Q2

PTI

New Delhi, Nov 7 (PTI) Alembic Pharmaceuticals Ltd on Tuesday reported a consolidated net profit of Rs 136.56 crore in the September quarter.

The company had posted a consolidated net profit of Rs 133.35 crore in the year-ago period, Alembic Pharmaceuticals said in a regulatory filing.

Consolidated revenue from operations during the second quarter of the current fiscal stood at Rs 1,594.93 crore compared to Rs 1,475.01 crore a year ago, it said.

Alembic Pharmaceuticals said its previous year's corresponding quarter, half-year and annual numbers are not comparable as it included R&D expenses of Rs 16.16 crore, Rs 130.85 crore, and Rs 155.13 crore, respectively, charged to the statement of profit and loss account in erstwhile Aleor Dermaceuticals Ltd.

'Despite the challenges of a muted demand in the antibiotic and respiratory market, it was a satisfactory quarter, backed with a strong performance by our specialty and animal healthcare portfolio. We are confident of returning to an industry beating growth moving forward,' Alembic Pharmaceuticals Managing Director Shaunak Amin said. PTI RKL TRB

Disclaimer: This story is auto-generated feed.

NHAI takes action against contractor, engineer for poor quality work

IEX trade volumes grow 6.5% to 10,852 MUs in June 2025

BEML hosts national conference to drive clean engine innovation for non-road machinery

SECL to raise underground mining share from 6.5% to 25% of total coal output by 2030: CMD

ONGC signs Heads of Agreement with Japan's Mitsui OSK Lines to develop ethane shipping infrastructure