Alkem Laboratories reports 11% rise in Q1 consolidated net profit

07 Aug 2021 Evaluate

Alkem Laboratories has reported results for first quarter ended June 30, 2021.

The company has reported a rise of 10.12% in its net profit at Rs 469.27 crore for the quarter under review as compared to net profit of Rs 426.16 crore for the same quarter in the previous year. Total income of the company increased by 46.40% at Rs 2,317.88 crore for Q1FY22 as compared Rs 1583.30 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 10.93% in its net profit attributed to the owners at Rs 468.12 crore for the quarter under review as compared to net profit of Rs 422.01 crore for the same quarter in the previous year. Total income of the company increased by 35.71% at Rs 2,778.01 crore for Q1FY22 as compared Rs 2,046.99 crore for the corresponding quarter previous year.

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