Indoco Remedies Q4 Results: Loss halves, EBITDA returns to profit; shares rally 13%
Indoco Remedies reported a sharp improvement in its March quarter earnings on May 7, with losses narrowing significantly and operating performance returning to positive territory, aided by strong growth in its international formulations business. The pharmaceutical company posted a net loss of ₹22 crore for the fourth quarter, compared with a loss of ₹40 crore…
