Indoco Remedies net profit up by 23% to Rs 11.85cr
For the second quarter ended 31st December, 2007, Indoco Remedies Turnover increased by 15.91% to Rs.94.93 crores (Rs.81.90 crores) while Net Profit increased by 23% to Rs.11.85 crores (Rs.9.63 crores).
The Company’s plant at Baddi is operating at optimum capacity thereby reducing its dependence on Loan License production and leading to better profitability.
Sourced From: Pressman India
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