InvestorQ : How do you see the Alkem results for the Mar-20 quarter?
Ria Jain made post

How do you see the Alkem results for the Mar-20 quarter?

Answer
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Dia Deshpande answered.
3 months ago


Alkem Laboratories reported a 12.34% increase in net profits at Rs.192 crore for the quarter ended March 31, 2020. Revenues from operations also rose by over 11% at Rs.2049 crore in the Mar-20 quarter. Net profits for the full-year were sharply higher at Rs.1149 crore against profits of Rs.774 crore in the corresponding quarter last year. Overall results have been good and the stock could get the benefit of the pharma rerating in the coming quarters.