Abbott India said a good increase in standalone net profit for the quarter ended March 2014. During the quarter, the profit of the company rose 21.14% to Rs 384.00 million from Rs 317.00 million in the same quarter last year.
Net sales for the quarter rose 17.65% to Rs 4,937.50 million, compared with Rs 4,197 million for the prior year period.
Earnings per share for the quarter stood at Rs 18.07, registering 21.11% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 14 | Mar - 13 | %Change |
| Net Sales | 4,937.50 | 4,196.80 | 17.65 |
| Net Profit | 384.00 | 317.00 | 21.14 |
| Basic EPS | 18.07 | 14.92 | 21.11 |
Shares of the company gained Rs 27.9, or 1.59%, to trade at Rs 1,787.90. The total volume of shares traded was 3,300 at the BSE (1.20 p.m., Wednesday).
