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    HomeNewsBusinessEarningsIpca Labs Q4 profit doubles to Rs 38 cr, EBITDA jumps 72%

    Ipca Labs Q4 profit doubles to Rs 38 cr, EBITDA jumps 72%

    Operating profit (EBITDA - earnings before interest, tax, depreciation and amortisation) shot up 72.2 percent to Rs 63.5 crore and margin expanded by 440 basis points to 10.2 percent in Q4.

    May 30, 2016 / 13:30 IST
       
       
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      Moneycontrol BureauIpca Laboratories' fourth quarter profit more than doubled to Rs 37.7 crore compared to Rs 16.5 crore in year-ago period, driven by strong operational performance and tax write-back of Rs 19 crore.

      Revenue declined to Rs 624.6 crore in January-March quarter compared to Rs 630.6 crore in corresponding period of last fiscal.

      Operating profit (EBITDA - earnings before interest, tax, depreciation and amortisation) shot up 72.2 percent to Rs 63.5 crore and margin expanded by 440 basis points to 10.2 percent in Q4.

      At 13:28 hours IST, the scrip of Ipca Laboratories was quoting at Rs 451.00, up Rs 15.05, or 3.45 percent on BSE.

      first published: May 30, 2016 01:30 pm

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