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NEW DELHI: Jubilant Organosys Ltd has reported a net profit of Rs 26.9 crore for the third quarter ended December 2004 marking an increase of 20 per cent compared to the corresponding quarter of the previous financial year.

Net sales for the quarter stood at Rs 287.4 crore, up by 27 per cent, compared to the quarter ended December 2003, according to a company release.

The company had strong revenue growth in the global market, particularly in regulated markets where revenues more than doubled during the quarter. Its operating profit increased by 16 per cent to reach Rs 51.7 crore, the release added.

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