Business Daily from THE HINDU group of publications
Friday, Jan 25, 2008
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Friday, Jan 25, 2008 ePaper | Mobile/PDA Version |
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Corporate Results
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Pharmaceuticals Vivimed Lab Q3 net grows 46% Hyderabad, Jan 24 Vivimed Labs Ltd posted 46 per cent growth in its net profit at Rs 4.78 crore in the third quarter ended December 31, 2007 as against Rs 3.27 crore in the corresponding quarter of previous fiscal. Total income increased 40 per cent to Rs 50.74 crore (Rs 36.29 crore). The Hyderabad-based company, engaged in speciality chemicals, personal care and cosmetic products businesses, had launched an anti-dandruff ingredient under the name ZPTO during the quarter, according to a rel ease. The company also informed BSE that its board of directors has decided to appoint Dr V. Manohar Rao, who was Chairman & Managing Director of VVS Pharmaceuticals & Chemicals Pvt Ltd, as the Executive Chairman. VVS Pharmaceuticals was merged into the company with effect from April 01, 2006. – Our Bureau More Stories on : Pharmaceuticals
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