Financial Daily from THE HINDU group of publications
Sunday, Aug 01, 2004
Financial Daily from THE HINDU group of publications Sunday, Aug 01, 2004 |
||
|
|
||
|
Corporate Results
-
Pharmaceuticals Sun Pharma net rises
MUMBAI: Sun Pharmaceutical Industries Ltd said on Saturday that its first quarter profit was up 37.2 per cent at Rs 75 crore for the three months ended June 30, 2004. Total income increased from Rs 216.39 crore in the same quarter last year to Rs 323.32 crore this year. The group has posted a Q1 net profit after minority interest of Rs 88.4 crore, the company informed the BSE. Its total income increased from Rs 257.19 crore to Rs 322.88 crore. Meanwhile, the company's board at its meeting on Saturday also approved the swap ratio for the proposed merger of the cephalosporin bulk active company, Phlox Pharma. Ithas recommended the share exchange ratio at one equity share of Rs 5 each of Sun Pharma in exchange of every 790 equity shares of Rs 10 each fully paid up of Phlox Pharma.
More Stories on : Pharmaceuticals
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2004, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|