Shasun Pharma net profit drops 21% to Rs 10.4 cr

The net income saw a growth of 31.5% during the quarter compared to previous year

BS Reporter Chennai
Last Updated : May 30 2014 | 6:08 PM IST

Shasun Pharmaceuticals Ltd has posted a drop of 21.6 per cent in net profit at Rs 10.40 crore for the quarter ended March 31, 2014, as against Rs 13.26 crore for the same period of previous fiscal year, on a consolidated basis.

ALSO READ: Morgan Stanley Asia picks up stake in Shasun Pharma

The total income from operations stood at Rs 363.26 crore for the quarter, compared to Rs 276.33 crore for the corresponding quarter of previous fiscal year, an increase of 31.5 per cent.

ALSO READ: Shasun Pharma extends rally on buying global rights of two drugs

The company's shares ended 1.35 per cent down at Rs 139 on the Bombay Stock Exchange on Friday

 

 

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First Published: May 30 2014 | 5:50 PM IST

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