Indoco Remedies standalone quarterly profit surges 53.12%
Source: IRIS | 30 Jan, 2015, 12.45PM
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Rating: NAN / 5 stars. |
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Indoco Remedies announced a sharp rise in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company rose 53.12% to Rs 216.20 million from Rs 141.20 million in the same quarter previous year. Net sales for the quarter rose 15.36% to Rs 2,166.60 million, compared with Rs 1,878 million for the prior year period. Earnings per share for the quarter stood at Rs 2.35, registering 53.59% growth over previous year period.
Quarterly Results - Standalone (Rs in mn) | As at | Dec - 14 | Dec - 13 | %Change | Net Sales | 2,166.60 | 1,878.10 | 15.36 | Net Profit | 216.20 | 141.20 | 53.12 | Basic EPS | 2.35 | 1.53 | 53.59 |
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