InvestorQ : How do you see the quarterly results of Alkem Ltd announced on 25 May?
vaishnavi mhatre made post

How do you see the quarterly results of Alkem Ltd announced on 25 May?

Answer
image
vidhya Laxmi answered.
3 weeks ago
Follow

Alkem Laboratories reported 30.11% higher net profits at Rs.249 crore for Mar-21 quarter. Revenues from operations were up 6.98% at Rs.2,192 crore. India sales were up 17% while foreign sales were more up by around 8.5% yoy. Alkem had an annual R&D outlay at 6% of sales and a 400 bps rise in operating margins at 40% for FY21. R&D share of sales is at par with leading pharma companies in India.

1 Views