Torrent Pharma Q1 net profit at Rs 103 cr

Torrent Pharmaceuticals today said its net profit rose marginally to Rs 103.04 crore for the first quarter ended June 30, 2012, over the same period of previous fiscal.

The company had posted net profit of Rs 102.59 crore during the same period of previous fiscal, Torrent Pharmaceuticals said in a filing to the BSE.

Total income of the company rose to Rs 766.91 crore for the June quarter, as compared to Rs 642.19 crore in the same period of previous fiscal.

On a standalone basis, the company posted a net profit of Rs 147.52 crore for the first quarter, as against Rs 99.44 crore in the same period of last financial year.

Shares of Torrent Pharmaceuticals today closed at Rs 633.90 on the BSE, down 1.15 per cent from their previous close.