Merck's Q1 net declines 13% to Rs 13.39 cr

Drug firm Merck today said its net profit fell 12.76% to Rs 13.39 crore in the first quarter ended March 31, over the same period last fiscal.

The company had a net profit of Rs 15.35 crore in Q1, 2010, Merck said in a filing to the Bombay Stock Exchange (BSE).

The company posted a total income of Rs 115.95 crore for the quarter ended March, 2011, as against Rs 104.98 crore for the corresponding period last fiscal.

Shares of Merck Ltd today closed at Rs 662.20 on the BSE, up 5.31% from its previous close.