Hyderabad-based Vivimed Labs Limited has recorded an 83.15% increase in net profit to Rs 22.29 crore for the fourth quarter ended March 2012, as against Rs 12.17 crore during the corresponding quarter last year.
Net income from operations has more than doubled in the fourth quarter (grew by 109%) to Rs 251.96 crore during the quarter, from Rs 120.57 crore in the same period a year ago.
For the full year, the company's net profit rose 29.28% to Rs 63.13 crore from Rs 48.83 crore last year.
Net income for the year stood at Rs 670.99 crore, as against Rs 416.93 crore, registering a growth of 60.93%, according to a company press release.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app