Ipca acquires further 6.53% of equity share of Trophic Wellness
Ipca Laboratories now holds 58.88% of the paid-up equity share capital of the company.
Ipca Laboratories now holds 58.88% of the paid-up equity share capital of the company.
The company has reported total income of Rs. 1607.85 crores during the period ended June 30, 2022.
The company has posted net profit of Rs.884.08 crores for the Financial Year ended March 31, 2022.
For the six months ended September 30, 2021, Lyka had reported revenues of Rs 109.87 crore
Total income grew in the quarter
With the acquisition of these further shares, TWPL has now become company's subsidiary.
The company has posted net profit of Rs.1140.01 crores during FY 2020-21
With over 28 years of experience in the pharmaceutical industry, he is a seasoned Techno? Commercial professional and accomplished top management leader
According to the brokerage, as the pandemic has receded, the past exceptional growth in acute therapies may not be repeated (stellar double-digit growth for anti-infectives coming down)
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