Indoco Aims To Leave Regulatory Woes Behind

Indian Firm Sees Third-Quarter Profit Jump By Over 70%

India’s Indoco Remedies is looking for healthy revenue growth in the coming fiscal year after beating market estimates with a 70.4% year-on-year jump in after-tax profit in its financial third quarter, propelled by strong revenues from domestic and international markets.

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Indoco is aiming to leave its regulatory problems behind, lifted by domestic and international sales growth • Source: Shutterstock

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