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Corporate Results - Pharmaceuticals


Arvind Remedies Q3 sales down 19.65 pc

Our Bureau

Chennai , Feb. 3

ARVIND Remedies registered a profit after tax of Rs 0.86 crore in the third quarter of 2003-04, a fall of 1.14 per cent over the corresponding period of the previous year. Profit before tax fell by 22.41 per cent to Rs 0.90 crore for the same period.

The company's net sales for the third quarter were Rs 25.92 crore, a decline of 19.65 per cent.

For the first nine months of the financial year 2003-04, the company announced a profit after tax of Rs 3.84 crore (Rs 2.51 crore) on net sales of Rs 91.96 crore (Rs 84.23 crore).

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