Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Companies / Company-results/  Cadila Healthcare Q1 net up 23.14% at 240 crore
BackBack

Cadila Healthcare Q1 net up 23.14% at ₹240 crore

Net sales in the June quarter were up by 25.68% to Rs2,020 crore, as against Rs1,607 crore a year ago

Cadila Healthcare’s overall expenses in the quarter ended 30 June stood at Rs1,741.71 crore, up 24.55%, from Rs1,398.38 crore in the year-ago period.Premium
Cadila Healthcare’s overall expenses in the quarter ended 30 June stood at Rs1,741.71 crore, up 24.55%, from Rs1,398.38 crore in the year-ago period.

New Delhi: Cadila Healthcare Ltd on Wednesday reported a 23.14% increase in consolidated net profit to 240.21 crore for the quarter ended 30 June.

The company had reported a net profit of 195.06 crore in the same quarter of the previous fiscal.

Cadila’s net sales in the quarter under review were up by 25.68% to 2,020.38 crore, as against 1,607.45 crore in the year-ago period, the company said in a BSE filing.

“Sales growth was buoyed by the company’s formulations business in the US, which grew by 88% during the quarter," the company said in a statement.

Overall expenses in the June quarter stood at 1,741.71 crore, up 24.55%, from 1,398.38 crore a year ago.

Cadila Healthcare shares were trading at 1,169 apiece in afternoon trade, up 3.53% from its previous close on the BSE.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 30 Jul 2014, 04:15 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App