Cadila Healthcare Q1 profit up 1% at Rs 204 cr

Company reported net profit of Rs 201 crore in the same quarter a year ago

Cadila Healthcare today reported 1.33% increase in net profit at Rs 203.61 crore for the quarter ended June 30, 2013.

The growth rate was modest as expenses saw an increase of over 9%.

The company had reported net profit of Rs 200.93 crore in the same quarter a year ago.

Net sales in the quarter under review were at at Rs 1,607.45 crore, an increase of 6.02% as against Rs 1,516.1 crore in the corresponding period last year, the company said in a BSE filing.

Overall expenses in the quarter were at Rs 1,397.82 crore, an increase of 9.16% compared with Rs 1,280.44 crore in the same quarter last year.

Shares of Cadila Healthcare closed at Rs 746.10 apiece at the end of day's trade, up 0.24% from the previous day's close on the BSE.