Ipca Labs Q4 aided by strong India business, export growth; ₹6 dividend declared

Ipca Labs Q4 aided by strong India business, export growth; ₹6 dividend declared


Ipca Laboratories reported a steady set of fourth-quarter earnings on May 29, with growth in domestic formulations and exports helping improve revenue and operating margins during the March quarter.

Profit before exceptional items and tax rose to ₹450 crore in Q4FY26 from ₹333 crore a year ago. Revenue for the quarter increased 6.3% year-on-year to ₹2,388.5 crore, while EBITDA rose 12.7% to ₹484 crore.

Operating margin improved to 20.2% from 19% in the corresponding quarter last year, reflecting better operational performance across businesses.

The company said income from Indian formulations business rose 12% year-on-year to ₹853.33 crore during the quarter. Export income also registered healthy growth, increasing 9% to ₹845.53 crore.

The Board recommended a dividend of ₹6 per share of face value Re 1 each for FY26. The proposed dividend is subject to shareholder approval at the ensuing annual general meeting. The company has fixed August 7, 2026 as the record date for determining shareholder entitlement to the dividend.

Ipca Laboratories also said its Board approved the re-appointment of Prashant Godha as Executive Director for a further term of five years with effect from August 16, 2026, subject to shareholder approval.

Also Read: Aegis Logistics Q4 Results: Stock jumps 8% on strong profit, revenue growth; Margins stable

The company described itself as a fully integrated pharmaceutical player with a strong export focus, manufacturing both finished dosage formulations and active pharmaceutical ingredients (APIs).

Ahead of the earnings announcement, shares of Ipca Laboratories were trading marginally lower at ₹1,570.10 on the NSE.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *