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January 19, 2008 : Financial Results

HIGHLIGHTS

1.    Q3 Income up 20% (YoY).

2.  Q3 Net Profit up by 10% (YoY).

3.  Nine months Income up 19% (YoY).

4.  Nine months Net Profit up 25% (YoY).

Q3 FINANCIAL RESULTS

The net total income for the 3rd quarter has gone up by 20% to Rs.282.37 crores as against Rs.234.76 crores in the same period previous financial year.  Export Sales have increased by 14% to Rs.141.43 crores.

The Net Profit for the 3rd Quarter has increased by 10% to Rs.38.34 crores as against Rs.34.84 crores in the same period of previous year.

 

3rd Quarter at a glance
(Rs. Crores)
3rd Quarter ended

31.12.2007

31.12.2006

Growth

Net Total Income

282.37

234.76

20%

Export Income

141.43

124.07

14%

Net Profit

38.34

34.84

10%

Diluted Earnings per share (Rs.)

15.23

13.90

10%



Nine months at a glance
(Rs. Crores)
Nine months ended31.12.200731.12.2006Growth
Net Total Income830.04699.7819%
Export Income 388.91340.1114%
Net Profit 118.48 94.5825%
Diluted Earnings per share (Rs.) 47.0737.7425%


Ipca Laboratories is a backward integrated, fast growing pharmaceutical major, with a strong thrust on exports. Exports to nearly 110 countries now account for nearly half of Company's income.


M. R. Chandurkar

Managing Director

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