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Indoco Remedies net profit up by 23% to Rs 11.85cr

This article was posted on Feb 7, 2008 and is filed under Press Releases

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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