Merck Q1 net up 14 pc at Rs 14 cr

Drug maker Merck Ltd today posted 12.75% rise in its net profit at Rs 13.97 crore for the first quarter ended March 31, 2013.

The company had posted a net profit of Rs 12.39 crore for the same period of previous year, Merck Ltd said in a filing to the BSE.

The company follows January-December financial year.

Net sales of the company rose to Rs 176.64 crore for the first quarter, as compared to Rs 136.73 crore in the same period of last year.

Shares of Merck today closed at Rs 626.85 on the BSE, up 0.33% from their previous close.