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Alembic turnover slightly down, profits stagnate

Jan 22, 2000

Alembic's turnover has declined by 5.6% in the third quarter of the current year as compared to the third quarter of the last year. The company's operating margins, excluding other income have declined only marginally from 18% to 17.5% over the same period. This along with a slight decline in interest as well as deprecation has enabled the company to post almost the same level of profit.

Alembic net jumps 122%

Oct 23, 1999

Alembic has posted a sharp jump in profits. This has been achieved mainly due to higher operating margins and an increase in other income.

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