Unichem Labs Q2 net up 3.4% to Rs 36.2 cr on forex income

Written By Unknown on Minggu, 20 Oktober 2013 | 23.55

Moneycontrol Bureau

Unichem Laboratories' second quarter (July-September) net profit grew 3.4 percent year-on-year to Rs 36.2 crore on forex income.

Other income of the pharmaceutical company rose to Rs 7.7 crore from Rs 2.18 crore during the same period, which included foreign exchange gain of Rs 4.08 crore.

Total income from operations increased marginally to Rs 269.6 crore in September quarter from Rs 264.2 crore in a year ago period, including overseas income of Rs 88.67 crore.

However, its operational performance deteriorated in second quarter. Earnings before interest, tax, depreciation & amortisation (EBITDA) fell 5.66 percent Y-o-Y to Rs 50 crore and operating profit margin dropped 140 basis points on yearly basis to 18.6 percent in the quarter gone by.



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