Piramal Healthcare Q2 FY11 Results : Net profit zoom 10905.06%

by khalid on 24/10/2010 · 0 comments

Piramal Healthcare Limited has posted an increase in net profit for the period Q2 (ending Sep 2010) of the current fiscal (FY11). During the said quarter, net profit zoom 10905.06% to Rs 12569.98 crore in comparison to the Rs 114.22 crore of Q2 (ending Sep 09) of previous year(FY10) which included sale of assets to Abbott. Piramal Healthcare Limited is an India-based company engaged in the pharmaceutical business mainly consisting of manufacturing and sale of own and traded bulk drugs and formulations. Its business segments are Pharmaceuticals and Other.

The company informed the share market(BSE) that the net sales declined 23.82% to Rs 537.49 crore in quarter ended Sep 2010 when compared with the last years same quarter ended Sep 2009 which was Rs 705.54 crore.

Share’s Data :-
BSE Code : 500302
Mkt. Cap : Rs 10,770.82 Crores
Piramal Healthcare Ltd. share’s CMP is Rs 515.35 on 22nd Oct 2010.

Source :- BelltheBull

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