IPCA nets Rs 27.65 crore profit for Q4

Mumbai, May 26: Pharmaceutical firm IPCA laboratories net profit rose by 54 per cent at Rs 27.65 crore for quarter ended march 31 compared to Rs 17.96 crore in the same period last year.

Total income of the company grew to Rs 221.53 crore for quarter, up by 27 percent from previous margin.

For the full year, net income went up to Rs 921.24 crore from Rs 752.82 crore in the previous fiscal.

Company exports to over 110 countries, accounting for 53 per cent of the total income, a company release said here today.

The director board recommended a final dividend of Rs 4 per share to unit holders.

Earnings per share for the full year is Rs 48.89 as compared to Rs 25.59 in previous fiscal.

UNI