India's Alkem Laboratories falls after quarterly profit miss

Alkem Laboratories

13/02/2026 09:47

** Shares of Alkem Laboratories ALKE.NS drop 7.9% to 5,407 rupees

** Pharmaceuticals co's Q3 consol profit at 6.36 bln rupees ($70.1 mln), missing estimates of 6.51 bln rupees, as per data compiled by LSEG

** Q3 consol revenue at 37.37 bln rupees also missed estimates of 37.6 bln rupees

** Trading vols over 4x the 30-day average at 468,275 shares so far

** ALKE fell ~2% in 2025

($1 = 90.6890 Indian rupees)

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))