Drug firm Ajanta Pharma today said its net profit for the quarter ended June 30, 2011 rose by 79.77 per cent to Rs 12.53 crore over the same period the previous fiscal.
The company had posted a net profit of Rs 6.97 crore for the quarter ended June 30, 2010, Ajanta Pharma said in a filing to BSE.
Net sales of the company rose to Rs 127.30 crore for the quarter ended June 30, 2011 as against Rs 98.28 crore for the corresponding period last fiscal.
Shares of Ajanta Pharma were today trading at Rs 357.50 in the afternoon trade on BSE, down 0.51 per cent from its previous close.