News | November 24, 2021
Ipca Laboratories acquires 26 % stake in Lyka Labs, makes open offer
For the six months ended September 30, 2021, Lyka had reported revenues of Rs 109.87 crore
For the six months ended September 30, 2021, Lyka had reported revenues of Rs 109.87 crore
Dr. Reddy's Laboratories has reported consolidated financial results for the period ended September 30, 2021
The revenues and profits derived from the new subsidiary will be consolidated in the parent company
Dr.Reddy's will receive U.S. $6 million upfront upon closing followed by U.S. $9 million one year from closing
EPS climbs to Rs 9.25 for the quarter
The company posted net profit of Rs.19.36 crores for the period ended June 30, 2020.
Turnover of API division of ISLL stood at Rs 856.58 crore
The company posted net profit of Rs.2.43 crores for the period ended June 30, 2020.
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