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Anu`s Labs net up 61%
BS Reporter / Chennai/ Hyderabad July 04, 2008, 0:48 IST

Hyderabad-based pharmaceutical company Anu's Laboratories recorded a 60.71 per cent rise in net profit for the fourth quarter ended March 31, 2008, to Rs 4.95 crore, as compared with Rs 3.08 crore during the same period last year.

Revenues increased 62.51 per cent to Rs 46.61 crore, compared with Rs 28.68 crore. Earnings per share stood at Rs 5.99 from Rs 3.87.

For the full year, net profit was at Rs 18.07 crore, up 32.96 per cent from Rs 13.59 crore during 2006-07. Revenues increased 41.42 per cent to Rs 154.39 crore from Rs 109.17 crore last year.

Exports to Israel, Italy, Japan, France, US and Singapore accounted for over 20 per cent of the turnover. The company has declared a dividend of 15 per cent.

Company managing director Hair Babu said the growth was consistent with the company's expectations. Anu's, which raised Rs 802.2 crore through an IPO, would now focus on contract research and manufacturing services (CRAMS).

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