Alkem Laboratories on Wednesday posted a 11% year-on-year (y-o-y) jump in net profit to Rs 689 crore in Q2FY25 led by growth in domestic formulation sales.
The company reported Rs 620.5 crore in the corresponding quarter of the previous year.
Revenue from operations declined 0.7% y-o-y to Rs 3414.7 crore in Q2FY25.
Earnings before interest, tax, depreciation, and amortization (EBITDA) increased by 0.8% y-o-y to Rs 753 crore, resulting in an EBITDA margin of 22% in Q2FY22 compared to 21.7% in Q2FY24.
R&D expenses for the quarter were Rs 146.5 crore or 4.3% of total revenue from operations.
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