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This is an archive article published on February 7, 2011

Elder Pharma Q3 net up 2.34 pct

Elders Pharmaceuticals said its consolidated net profit rose by 2.34 per cent to Rs 15.73 crore.

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Drug maker Elders Pharmaceuticals said its consolidated net profit rose by 2.34 per cent to Rs 15.73 crore for the quarter ended December 31,2010,over the same period previous fiscal.

The company had a net profit of Rs 15.37 crore in the corresponding period of last fiscal,Elder Pharmaceuticals said in a filing to the Bombay Stock Exchange BSE.

Total income of the company rose to Rs 261.73 crore for the quarter ended December 31,2010,compared to Rs 180.17 crore in the same period of previous fiscal.

8220;Growth within the country has been phenomenal. All our brands,across various segments have shown growth during the period,8221; Elder Pharmaceuticals Director Alok Saxena said.

Shares of Elder Pharma were today trading at Rs 365.05 on BSE in the late afternoon trade,down 1.02 per cent from its previous close.

 

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