Alkem Laboratories reports around 3-fold jump in Q4 consolidated net profit
30th May 2019

Alkem Laboratories has reported results for fourth quarter and year ended March 31, 2019.

The company has reported 3-fold jump in its net profit at Rs 190.82 crore for the quarter under review as compared to Rs 59.99 crore for the same quarter in the previous year. Total income of the company increased by 25.99% at Rs 1,486.91 crore for Q4FY19 as compared Rs 1,180.17 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported around 3-fold jump in its net profit at Rs 170.50 crore for the quarter under review as compared to Rs 66.33 crore for the same quarter in the previous year. Total income of the company increased by 23.76% at Rs 1,881.86 crore for Q4FY19 as compared Rs 1,520.56 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 11.73% in its net profit at Rs 799.84 crore as compared to Rs 715.84 crore for the previous year. Total income of the company increased by 7.43% at Rs 5,781.67 crore for year under review as compared to Rs 5,381.92 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 21.18% in its net profit at Rs 773.64 crore as compared to Rs 638.42 crore for the previous year. Total income of the company increased by 14.25% at Rs 7,444.89 crore for year under review as compared to Rs 6,516.59 crore for year ended March 31, 2018.