ResultsBusiness Standard
Alkem Lab Q2 profit falls 14.4% to Rs 667 cr
Negative-66Company event
GreyOak summary
Alkem Laboratories reported a 14.37% decline in consolidated net profit to Rs 667.13 crore for the September quarter due to higher expenses. Revenue from operations increased to Rs 4,551.99 crore, driven by growth in both India and international segments. The company noted continued momentum in its India business and steady progress internationally despite pricing pressures.
What it affects
- Alkem LaboratoriesALKEMNegative -66
Profit fell 14.4% to Rs 667 crRolling sentiment Negative -55
Source
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