Elder Pharmaceuticals standalone net profit rises 1508.11% in the June 2014 quarter

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Sales decline 52.11% to Rs 90.00 crore
Net profit of Elder Pharmaceuticals rose 1508.11% to Rs 109.03 crore in the quarter ended June 2014 as against Rs 6.78 crore during the previous quarter ended June 2013. Sales declined 52.11% to Rs 90.00 crore in the quarter ended June 2014 as against Rs 187.93 crore during the previous quarter ended June 2013.For the full year,net profit declined 81.67% to Rs 17.18 crore in the year ended June 2014 as against Rs 93.74 crore during the previous year ended June 2013. Sales declined 60.92% to Rs 480.70 crore in the year ended June 2014 as against Rs 1229.93 crore during the previous year ended June 2013.
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First Published: Sep 02 2014 | 10:14 AM IST