Alembic Pharma posts Rs 120.6 cr net profit
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New Delhi: Alembic Pharmaceuticals on Friday reported a consolidated net profit of Rs 120.6 crore in the June quarter.The company had posted a consolidated net loss of Rs 65.88 crore in the same quarter last fiscal, Alembic Pharmaceuticals said in a regulatory filing. Consolidated revenue from operations in the first quarter of the current fiscal was Rs 1,486.15 crore, as compared to Rs 1,262.14 crore in the corresponding quarter a year ago. Total expenses were marginally higher at Rs 1,368.03 crore, that was Rs 1,323.3 crore in the first quarter last fiscal. The company's India revenues grew 9 per cent to Rs 524 crore, while the US generics were up 6 per cent at Rs 390 crore in the quarter, the company said in the filing.
