Suven Life Q4 net dips 83% to Rs 35 lakh

 Drug maker Suven Life Sciences today reported a 83% decline in net profit at Rs 34.93 lakh for the fourth quarter ended March 31, 2009.      

The firm had a net profit of Rs 2.04 crore in the March quarter of FY'08, Suven said in a BSE filing.      

For the financial year ended March 31, Suven reported a 15% dip in net profit at Rs 7.06 crore. It had a net profit of Rs 8.35 crore in FY'08.      

Shares of Suven were trading at Rs 13.81, down 1% on the BSE.