Alembic Pharma net up 37% to Rs 124 crores

New Delhi: Alembic Pharmaceuticals on Monday posted a 36.75 per cent rise in its consolidated net profit to Rs 123.72 crore for the first quarter ended June 30, driven by robust sales in the US market.

The drug firm had reported a net profit of Rs 90.47 crore in the corresponding period of 2018-19.

Revenue from operations rose to Rs 948.91 crore in the June quarter as compared with Rs 862.53 crore in the year-ago period, Alembic Pharmaceuticals said in a regulatory filing.