IPCA Laboratories Q4FY23; 42% Fall in Profits

IPCA Laboratories Ltd.’s revenue in Q4FY23 rose 17% to ₹ 1,511 crores. Consolidated Profit After Tax came at ₹ 81 crores in Q4FY23 showcasing a 42% fall in profits on YoY basis. In this quarter’s results, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators in Q4Y23.