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Indoco Grows By Almost A Sixth In Q2

As Company’s First-Half Operating Profit Sees 89.2% Jump

 
• By Akriti Seth

India’s Indoco has reported double-digit sales growth, as well as a jump in operating profit and EBITDA for its financial second quarter ended 30 September 2021. The company has seen consistent growth on the back on domestic and international launches. 

Growth
Indoco continues to see consistent growth on the back of domestic and international launches • Source: Alamy

India’sIndoco Remedies Limited has delivered yet another successful quarter with revenue growth of 15.6% to INR3.73bn ($49.8m) for its financial second quarter ended 30 September 2021, as against INR3.22bn reported in the same quarter last year.

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