Dishman posts 904% growth in Q3 profit

Ahmedabad-based Dishman Pharmaceuticals and Chemicals Ltd. registered a consolidated net profit of Rs 16.72 crore for the third quarter ended December 31, 2011, up by 904 per cent from Rs 1.67 crore for the corresponding period in previous fiscal 2010-11. As per the unaudited financial results announced by the company on Thursday, the consolidated turnover of Dishman increased by 14.54 per cent to Rs 265.46 crore in Q3 of FY'12 as against Rs 231.76 crore in the previous year.