Alkem Laboratories reports 14% fall in Q3 consolidated net profit

10 Feb 2023 Evaluate

Alkem Laboratories has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported fall of 11.03% in its net profit at Rs 388.89 crore for Q3FY23 as compared to Rs 437.09 crore for the same quarter in the previous year. However, total income of the company increased by 5.05% at Rs 2,357.46 crore for the quarter under review as compared Rs 2,244.08 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported fall of 13.76% in its net profit at Rs 459.96 crore for Q3FY23 as compared to Rs 533.35 crore for the same quarter in the previous year. However, total income of the company increased by 15.48% to Rs 3,086.24 crore for the quarter under review as compared to Rs 2,672.50 crore for the same quarter in the previous year.

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