IPCA Laboratories Q1 results: Net profit up 18% to Rs 192 crore; margins expand

Pharmaceutical major IPCA Laboratories Ltd. reported an 18% year-on-year increase in net profit in the first quarter of fiscal year 25. 192 crore, compared to ₹162.8 crore in the same quarter last year.

The company’s total revenue also rose 32% year-on-year to ₹2,092.6 crore from ₹1,585 crore in the same quarter last year.

Earnings before interest, taxes, depreciation and amortization (EBITDA) increased by 28% year-on-year to 392.8 crore. EBITDA margins have widened to 18.8% from 19.4% YoY.

Indian formulations revenue increased 12% to 873 crore, while export earnings fell by 4% in 590.86 crore.

Following the earnings announcement, IPCA Labs shares are trading approximately 1% higher on the exchanges. 1,392. The stock has gained about 60% over the past 12 months.

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