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IPCA Laboratories Ltd Q2 net profit jumps to Rs. 119.74 crores

Posted On: 2018-11-15 14:23:05

IPCA LABORATORIES LTD. has reported financial results for the period ended September 30, 2018.

The company has reported net sales of Rs.1011.57 crores during the period ended September 30, 2018 as compared to Rs.875.29 crores during the period ended September 30, 2017.

The company has posted net profit of Rs.119.74 crores for the period ended September 30, 2018 as against Rs.96.47 crores for the period ended September 30, 2017.

The company has reported EPS of Rs.9.48 for the period ended September 30, 2018 as compared to Rs.7.64 for the period ended September 30, 2017.

The company has reported net sales of Rs.1879.13 crores during the 6 months period ended September 30, 2018 as compared to Rs.1594.43 crores during the 6 months period ended September 30, 2017.

The company has posted net profit of Rs.185.26 crores for the 6 months period ended September 30, 2018 as against Rs.76.22 crores for the 6 months period ended September 30, 2017.

The company has reported EPS of Rs.14.66 for the 6 months period ended September 30, 2018 as compared to Rs.6.04 for the 6 months period ended September 30, 2017.

FinancialsQ2 FY18-19Q2 FY17-18% ChangeH1 FY18-19H1 FY17-18% Change
Total Income₹ 1011.57 crs₹ 875.29 crsUp Tick 15.57%₹ 1879.13 crs₹ 1594.43 crsUp Tick 17.86%
Net Profit₹ 119.74 crs₹ 96.47 crsUp Tick 24.12%₹ 185.26 crs₹ 76.22 crsUp Tick 143.06%
EPS₹ 9.48₹ 7.64Up Tick 24.08%₹ 14.66₹6.04Up Tick 142.72%

Shares of IPCA LABORATORIES LTD. was last trading in BSE at Rs.742.1 as compared to the previous close of Rs. 723.8. The total number of shares traded during the day was 38554 in over 2314 trades.

The stock hit an intraday high of Rs. 756.8 and intraday low of 709.3. The net turnover during the day was Rs. 28413326.


Source: Equity Bulls

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