Torrent Pharmaceuticals Q2 FY11 Results : Net profit rises 21.17%

by khalid on 28/10/2010 · 0 comments

Torrent Pharmaceuticals net profit rose 21.17% to Rs 97.32 crore in Qtr ending September 2010 for the financial year 2010 – 2011 compared to Rs 80.32 crore in qtr ending September 2009. Sales rose 28.42% to Rs 452.82 crore in Qtr ending September 2010 for the financial year 2010 – 2011 compared to Rs 352.62 crore in qtr ending September 2009.

Torrent Pharmaceuticals 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 rises 21.17% to Rs 97.32 crore in comparison to the Rs 80.32 crore of Q2 (ending Sep 09) of previous year(FY10). Torrent Pharmaceuticals Limited (Torrent) is an India-based pharmaceutical company. The Company is engaged in the manufacturing and selling of branded, as well as unbranded generic pharmaceutical products.

The company informed the share market(BSE) that the net sales rose 28.42% to Rs 452.82 crore in quarter ended Sep 2010 when compared with the last years same quarter ended Sep 2009 which was Rs 352.62 crore.

Share’s Data :-
BSE Code : 500420
Mkt. Cap : Rs 4,747.75 Crores
Torrent Pharmaceuticals Ltd. share’s CMP is Rs 561.20 on 28th Oct 2010.

Source :- BelltheBull

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