Financial Daily from THE HINDU group of publications
Tuesday, Aug 02, 2005
Financial Daily from THE HINDU group of publications Tuesday, Aug 02, 2005 |
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Corporate Results
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Pharmaceuticals Suven Life Sciences net up Our Bureau
HYDERABAD: Suven Life Sciences Ltd has recorded total income of Rs 15.94 crore and a net profit of Rs 1.37 crore for the quarter ended June 30, 2005 against total income of Rs 12.16 crore and a net profit of Rs 1 crore for the corresponding quarter last year. During fiscal 2005, the company recorded total income of Rs 60.77 crore and a net profit of Rs 3.79 crore. The company said the drug and discovery and development support services would open up opportunities. The Suven board declared a dividend of 50 per cent and plans to raise $25 million through equity or equity linked instruments after seeking shareholders' nod.
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