Strong 3rd Quarter for Indoco Remedies


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▴ Indoco Remedies
Indoco bottomline up by 17% for national markets

Indoco Remedies clocked revenues of Rs 283.4 crores during the third quarter of FY 2019-20, as against Rs 248 crores, for the same quarter last year. For the current quarter, the company clocked a profit of Rs 9.3 crores, as against Rs 5.3 crores, same quarter last year.

Commenting on the third-quarter results, Aditi Panandikar, Managing Director, Indoco Remedies, said, “During the third quarter, India business continued the growth momentum by clocking a growth of 17 per cent.

International business registered a growth of 21 per cent in the third quarter. Considering the planned product launches in the US, we expect the growth momentum in international business to continue.”

Tags : #strong #3rdquarter #indocoremedies #medicircle

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