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Suven Life Q4 net up 56 pc at Rs 62.51 cr

Press Trust of India  |  New Delhi 

Drug firm today reported 56 per cent rise in standalone net profit to Rs 62.51 crore for the March quarter.

It had posted a net profit of Rs 40.06 crore for the corresponding period of the previous fiscal, said in a filing to BSE.

Its standalone revenue from operations rose to Rs 213.72 crore for the fourth quarter of 2017-18. The revenue was Rs 180.14 crore in Q4 of 2016-17.

For the entire fiscal ended March this year, the company posted a net profit of Rs 158.42 crore as against Rs 123.47 crore in the previous fiscal.

Suven's standalone total revenue from operations rose to Rs 625.25 crore for 2017-18. It was Rs 544.47 crore in 2016-17.

The company's stock was up 4.65 per cent at Rs 190.30 on BSE.

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

First Published: Tue, May 15 2018. 16:20 IST