{"id":149793,"date":"2023-07-25T05:09:38","date_gmt":"2023-07-25T09:09:38","guid":{"rendered":"https:\/\/44.250.171.167\/?p=149793"},"modified":"2023-07-25T05:14:37","modified_gmt":"2023-07-25T09:14:37","slug":"indoco-remedies-ltd-q1-fy24-38-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/indoco-remedies-ltd-q1-fy24-38-fall-in-profits\/","title":{"rendered":"Indoco Remedies Ltd Q1 FY24; 38% fall in Profits"},"content":{"rendered":"<p>Indoco Remedies (Indoco) is a Mumbai-based pharmaceutical company that focuses on formulations with a presence in contract manufacturing and research. The Company is engaged in the manufacturing and marketing of pharmaceutical Formulations (Finished Dosage Forms) and Active Pharmaceutical Ingredients (APIs).<\/p>\n<p><strong>Financial Results: <\/strong><\/p>\n<ul>\n<li>Indoco Remedies Ltd reported Revenues for Q1FY24 of \u20b9426.00 Crores up from \u20b9408.00 Crore year on year, a rise of 4.41%.<\/li>\n<li>Total Expenses for Q1FY24 of \u20b9393.00 Crores up from \u20b9361.00 Crores year on year, a rise of 8.86%.<\/li>\n<li>Consolidated Net Profit of \u20b924.00 Crores down 38.46% from \u20b939.00 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b92.65, down 36.75% from \u20b94.19 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-191-839x1024.png\" alt=\"\" class=\"wp-image-149794\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-191-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-191-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-191-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-191-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-191.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish. <br>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indoco Remedies (Indoco) is a Mumbai-based pharmaceutical company that focuses on formulations with a presence in contract manufacturing and research. The Company is engaged in the manufacturing and marketing of pharmaceutical Formulations (Finished Dosage Forms) and Active Pharmaceutical Ingredients (APIs). Financial Results: Indoco Remedies Ltd reported Revenues for Q1FY24 of \u20b9426.00 Crores up from \u20b9408.00 [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[1115],"class_list":["post-149793","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-pharmaceuticals"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":155287,"url":"https:\/\/alphastreet.com\/india\/indoco-remedies-ltd-q2fy24-30-fall-in-profits\/","url_meta":{"origin":149793,"position":0},"title":"Indoco Remedies Ltd Q2FY24; 30% fall in Profits","author":"Hardik Bhandare","date":"October 25, 2023","format":false,"excerpt":"Indoco Remedies (Indoco) is a Mumbai-based pharmaceutical company that focuses on formulations with a presence in contract manufacturing and research. The Company is engaged in the manufacturing and marketing of pharmaceutical Formulations (Finished Dosage Forms) and Active Pharmaceutical Ingredients (APIs). Financial Results: Indoco Remedies Ltd reported Revenues for Q2FY24 of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-111.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-111.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-111.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-111.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-111.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-111.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":162910,"url":"https:\/\/alphastreet.com\/india\/indoco-remedies-ltd-q4fy24-15-fall-in-profits\/","url_meta":{"origin":149793,"position":1},"title":"Indoco Remedies Ltd Q4FY24; 15% fall in Profits","author":"Divyansh_Kasana","date":"July 10, 2024","format":false,"excerpt":"Indoco Remedies (Indoco) is a Mumbai-based pharmaceutical company that focuses on formulations with a presence in contract manufacturing and research. The Company is engaged in the manufacturing and marketing of pharmaceutical Formulations (Finished Dosage Forms) and Active Pharmaceutical Ingredients (APIs). Financial Results: Indoco Remedies Ltd reported Revenues for Q4FY24 of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-83.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-83.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-83.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-83.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-83.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-83.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142746,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-indoco-remedies-limited-for-q3-fy23\/","url_meta":{"origin":149793,"position":2},"title":"Earnings Summary Of Indoco Remedies Limited For Q3 FY23","author":"Hardik Bhandare","date":"February 24, 2023","format":false,"excerpt":"Indoco Remedies (NSE: INDOCO) is a leading Indian pharmaceutical company that operates in both domestic and international markets. The company has a diverse product portfolio that includes prescription drugs, over-the-counter (OTC) medicines, and veterinary products. Indoco Remedies has a strong presence in India and operates in more than 80 countries\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":179364,"url":"https:\/\/alphastreet.com\/india\/indoco-remedies-q3-revenue-slips-as-losses-widen-despite-operating-recovery\/","url_meta":{"origin":149793,"position":3},"title":"Indoco Remedies Q3 Revenue Slips as Losses Widen Despite Operating Recovery","author":"Staff Correspondent","date":"February 3, 2026","format":false,"excerpt":"Indoco Remedies Limited (NSE:INDOCO) closed at \u20b9235.00 on February 3, 2026, up 10.88% from the previous close of \u20b9211.94, surging after Q3 FY26 results announced on February 2 showed consolidated revenue of \u20b9389.6 crore (up 7% YoY) and EBITDA growth of 29% to \u20b925.9 crore despite a net loss of\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":152626,"url":"https:\/\/alphastreet.com\/india\/medico-remedies-ltd-q1fy24-267-rise-in-profits\/","url_meta":{"origin":149793,"position":4},"title":"Medico Remedies Ltd Q1FY24; 267% rise in Profits","author":"Karan_Singh","date":"August 10, 2023","format":false,"excerpt":"Incorporated in 1994, Medico Remedies Ltd manufactures and sells pharmaceutical formulations. Financial Results: Medico Remedies Ltd reported Revenues for Q1FY24 of \u20b931.47 Crores down from \u20b933.14 Crore year on year, a fall of 5.04%. Total Expenses for Q1FY24 of \u20b929.89 Crores down from \u20b934.08 Crores year on year, a fall\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-651.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-651.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-651.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-651.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-651.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-651.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153880,"url":"https:\/\/alphastreet.com\/india\/venus-remedies-ltd-q1fy24-83-fall-in-profits\/","url_meta":{"origin":149793,"position":5},"title":"Venus Remedies Ltd Q1FY24; 83% fall in Profits","author":"Chirag Gupta","date":"August 14, 2023","format":false,"excerpt":"Venus Remedies Ltd is an Indian Pharmaceutical company with a presence in domestic and international markets. It is primarily engaged in the business of pharmaceutical products manufacturing. Financial Results: Venus Remedies Ltd reported Revenues for Q1FY24 of \u20b995.15 Crores down from \u20b9143.08 Crore year on year, a fall of 33.5%.\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1064.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1064.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1064.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1064.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1064.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1064.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/149793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1917"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=149793"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/149793\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=149793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=149793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=149793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}