Sanofi India's net profit dipped by 18.51 per cent to Rs 40.5 crore for the quarter ended June 30, 2012, mainly due to amortisation costs.

The company had posted a net profit of Rs 49.7 crore for the same period in the previous fiscal.

Sales grew by 23.5 per cent to Rs 374 crore for 2CY2012.

Total income of the company rose to Rs 392.6 crore for the reported quarter from Rs 322.3 crore for the same period year ago.

The company has declared an interim dividend of Rs 4 per equity share of Rs 10, for the financial year ending December 31.

The interim dividend will be paid on August 16.

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