FMCG firm Elder Healthcare today posted an over four-fold jump in its net profit to Rs 44.86 lakh for the quarter ended June 30, on the back of robust sales growth.
The company, which sells personal care products, had a net profit of Rs 9.94 lakh for the quarter ended June 30, 2010, Elder Healthcare said in a filing to the Bombay Stock Exchange (BSE).
During the reporting quarter, the firm posted a 70.29% surge in its net sales to Rs 34.96 crore as against Rs 20.53 crore posted in the year-ago period.
Shares of Elder Healthcare closed at Rs 121.85 on the BSE, up by 1.54% from the previous close.
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