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Granules India posts Q2 net profit at Rs 40 cr

Press Trust of India  |  New Delhi 

Pharma company today reported almost flat consolidated net profit at Rs 40.33 crore for the September quarter of the current fiscal.

The company had posted a net profit of Rs 40.82 crore during the same period of the previous fiscal, said in a regulatory filing.

Total during the quarter under review stood at Rs 399.39 crore as against Rs 367.68 crore in the July-September quarter of the last fiscal.

"As our emerging business is taking shape to drive future business growth, our core business continues to deliver sustainable revenues," CMD Krishna Prasad Chigurupati said.

The company's stock closed 2.82 per cent down at Rs 130.80 apiece on

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, November 09 2017. 17:28 IST