Drug firm Sanofi India today reported a 35.14 per cent rise in its net profit to Rs 99.6 crore for the second quarter ended June 30, 2018.
The company had posted a net profit of Rs 73.7 crore for the corresponding period of the previous fiscal, Sanofi India said in a filing to the BSE.
Total revenue from operations rose to Rs 683.6 crore for the quarter under consideration as compared to Rs 600.6 crore for the same period a year ago.
The board of directors of the company has declared an interim dividend of Rs 18 per equity share of Rs 10 each for the financial year ending December 31, 2018, Sanofi India said.
In a separate filing, the company said its board has also approved appointment of Charles Billard as whole time director for a period of 5 years with effect from July 25, 2018.
The company said Lionel Guerin has tendered resignation as non-executive director of the company as he would be relocating outside of India to take up a new role within Sanofi Group.
Shares of Sanofi India Ltd today closed at Rs 5,613.10 per scrip on BSE, up 0.71 per cent from its previous close.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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