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Ipca Labs Q3 Results Review — India, Unichem Fuel Profitable Growth, Says Motilal Oswal, Raises Target Price

Ipca reported volume growth of 6-7% and the price hike was 5-6% YoY for the quarter, adds the brokerage.

<div class="paragraphs"><p>Ipca’s Q3 FY25 sales grew 9.4% YoY to Rs 22.5 billion (est: Rs 22.9 billion)</p><p>(Photo: Volodymyr Hryshchenko/ Unsplash.</p></div>
Ipca’s Q3 FY25 sales grew 9.4% YoY to Rs 22.5 billion (est: Rs 22.9 billion)

(Photo: Volodymyr Hryshchenko/ Unsplash.

Ipca Laboratories delivered a better-than-expected performance in Q3 FY25. It has consistently outperformed the industry in the domestic formulation market
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