Unichem Laboratories

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Unichem profit falls 24%, stock falls 7%

Pharmaceutical company Unichem Laboratories reported a 14% increase in its standalone revenues to Rs 197 crore in the December quarter, over the same period last year. Its domestic business revenues rose by 12% to Rs 155 crore while its exports business revenues rose by 24%.

Its raw material costs rose at a much faster rate however, with material consumption rising by 18% to Rs 67 crore.
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