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03/02/2026 12:30

Indoco Remedies posts Q3 net loss of Rs 20.00 cr

The company reported standalone net loss during the quarter stood at Rs 20.00 crore as compared to net loss of Rs 10.23 crore in the previous year quarter.

Net revenue of the company rose marginally by 4.45 per cent at Rs 389.57 crore in October-December quarter of this fiscal as against Rs 372.98 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 6.17 per cent to Rs 374.61 crore from Rs 352.84 crore in year ago period.

Other Income grew by 68.31 per cent at Rs 7.17 crore versus (Dec'24 Rs 4.26 crore).

Operating Profit surged by 28.60 per cent to Rs 25.90 crore as against Rs 20.14 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 23.15 per cent in December quarter.

Interest grew by 43.93 per cent y-o-y to Rs 20.15 crore, while Taxation decreased by 85.62 per cent at Rs -0.45 crore (Dec'24 Rs -3.13 crore).