Merck Q3 net profit surges 65% to Rs 52.33 cr

Drug firm Merck Ltd Tuesday reported a 65.18 per cent jump in its net profit to Rs 52.33 crore for the third quarter ended September 30.

The company had posted a net profit of Rs 31.68 crore for the corresponding period previous fiscal, Merck Ltd said in a BSE filing.

The company's total income stood at Rs 232.21 crore for the quarter under consideration. It was Rs 210.45 crore for the same period a year ago.

Shares of Merck Ltd closed at Rs 2,886.65 per scrip on BSE, down 1.66 per cent from its previous close.