Revenue was down 17.3 percent at Rs 235.6 crore against Rs 285 crore.
Moneycontrol News
@moneycontrolcom
Share price of Indoco Remedies slipped 7.5 percent intraday Tuesday after company reported net loss for the quarter ended September 2018.
The company has posted net loss at Rs 7.8 crore in Q2FY19 against profit of Rs 19.7 crore in the same quarter last year and a loss of Rs 12 crore in the Q1FY19.
Revenue was down 17.3 percent at Rs 235.6 crore against Rs 285 crore.
Operating profit or EBITDA was down 71 percent at Rs 11.8 crore, while margin was down 940 bps at 5 percent.
At 13:05 hrs Indoco Remedies was quoting at Rs 177.05, down Rs 9.05, or 4.86 percent on the BSE.
For more market news, click hereFirst Published on Nov 13, 2018 01:18 pm
