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Torrent Pharmaceuticals announces improved Q2 profits, up 13.45%



Posted On : 2006-10-30 01:40:28( TIMEZONE : IST )

Torrent Pharmaceuticals announces improved Q2 profits, up 13.45%

Torrent Pharmaceuticals Ltd has announced the following Audited results for the quarter ended September 30, 2006:

The Company has posted a net profit of Rs 256.40 million for the quarter ended September 30, 2006 as compared to Rs 226.00 million for the quarter ended September 30, 2005. Total Income (net of excise) has increased from Rs 1793.80 million for the quarter ended September 30, 2005 to Rs 2301.60 million for the quarter ended September 30, 2006.

The Unaudited Consolidated results are as follows:

The Group has posted a net profit of Rs 228.50 million for the quarter ended September 30, 2006 as compared to Rs 170.80 million for the quarter ended September 30, 2005. Total Income has increased from Rs 2499.50 million for the quarter ended September 30, 2005 to Rs 3221.30 million for the quarter ended September 30, 2006.

Source : Equity Bulls

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