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Domestic market remains a bright spot for Ipca Laboratories in fourth quarter

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₹24 crore hit the reported margin.But the worry is regarding slower growth of its brand-named export formulation products, which contribute to higher margins.

This was about 19% lower year-on-year. Analysts attribute the lower brand-named formulations sales to the continuing issues with logistics and the lockdown in many countries.

Nevertheless, the domestic formulations business clocked decent 21% growth during the quarter, which is encouraging.“Ipca’s domestic business may have seen higher sales of hydroxychloroquine in Q4, and we expect the benefit of this drug to be delivered in Q1FY21 as well.

The fourth quarter’s benefit was for just about 15-20 days. However, in the first quarter we expect these gains to be spread out over the.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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