Ipca Laboratories Q2 net doubles to Rs 35.40 crore

Mumbai, Oct 18 (UNI) Ipca Laboratories Ltd has posted a net profit of Rs 35.40 crore for the quarter ended September 30, 2006 as compared to Rs 17.49 crore for the quarter ended September 30, 2005, a jump of 102.40 per cent.

Announcing the results, the company said its total income (net of excise&sales tax) has increased from Rs 196.42 crore for the quarter ended September 30, 2005 to Rs 244.48 crore for the quarter ended September 30, 2006.

Further the Company informed that the Board has declared an interim dividend of 35 per cent for the financial year 2006-07.

UNI SN PM VKG1654