Torrent Pharmaceuticals today said its consolidated net profit declined by 7.28 per cent to Rs 76.91 crore for the third quarter ended December 31, 2010, over the same period previous fiscal.
The Ahmedabad-based company had a consolidated net profit of Rs 82.95 crore in the same period last fiscal.
The company's total income stood at Rs 577.53 crore for the third quarter ended December 31, compared to Rs 480.05 crore in the same period last fiscal, Torrent Pharmaceuticals said in a filing to the Bombay Stock Exchange (BSE).
The company's domestic formulations business reported sales of Rs 214 crore for the third quarter ended December 31, 2010. Its sales outside the country stood at Rs 292 crore.
The company's Brazil sales increased to Rs 102 crore for the third quarter, compared to Rs 89 crore in the same period last fiscal.
The firm's sales in Europe, Russia and CIS and rest of the world operations stood at Rs 78 crore for the third quarter, compared to Rs 64 crore in the same period previous fiscal.
Shares of Torrent Pharmaceuticals today closed at Rs 615.85 on the BSE, up 3.42 per cent from its previous close.
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