IPCA Q1 profit jumps to Rs 34.7 crore

Mumbai, July 20: Pharma major, IPCA laboratories posted a Rs 34.7 crore net profit for the quarter ended June 30, 2007 as against Rs 24.3 crore in the curresponding period last fiscal.

Total Income jumped from Rs 222.4 crore to Rs 247.2 crore, the company said in a communication to BSE today.

The company has export operations in over 100 countries with more than 53 percent income coming from this segment.

IPCA had gained a net income of Rs 921.24 crore in 2006-07 with exports accounting for Rs 484.46 crore, the company added.

UNI