Unichem Laboratories Q2 profit falls 38.4% to Rs 22.3 cr

Written By Unknown on Minggu, 19 Oktober 2014 | 23.55

Net sales grew by 3.3 percent to Rs 274.9 crore in the quarter ended September 2014 from Rs 266.2 crore in same quarter last year driven by exports.

Moneycontrol Bureau

Pharmaceutical firm Unichem Laboratories ' second quarter net profit plunged 38.4 percent to Rs 22.3 crore compared to Rs 36.2 crore in the year-ago period.

However, net sales grew by 3.3 percent to Rs 274.9 crore in the quarter ended September 2014 from Rs 266.2 crore in same quarter last year driven by exports.

Total income from its domestic operations declined 4.5 percent year-on-year to Rs 172.8 crore but exports jumped 18.9 percent to Rs 105.4 crore during the same period.

The healthcare company saw a foreign exchange gain of Rs 1.4 crore in second quarter of current financial year 2014-15 as against Rs 4.08 crore in corresponding quarter of last fiscal.


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