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Moneycontrol.com >> Message Board >> View Messages >> Cipla
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Four new plants coming up at Indore SEZ: (1)   19-Jul-08 11:17Tracked by (0)  
Posted by:   zoombusiness on ( 19-Jul-08 11:17 )
Price : BSE: Rs 215.25 ( 1.65 % ), NSE: Rs. 215.10 ( 1.37 % )
Cipla has announced its first quarter consolidated numbers. It has reported net profit of Rs 140 crore for the quarter ended June 2008 as against Rs 119.76 crore in same period of last year.

Total income went up at Rs 1224 crore from Rs 911.8 crore. Its other income was at Rs 17 crore versus Rs 9.97 crore.

Amar Lulla, Joint Managing Director of Cipla said that company has added new partners in the last six months. There are twelve partners in all in the USA as of now, he added. He informed CNBC-TV18 that the company is in the process of creating additional capacities. He said there four new plants are coming up at Indore. He further added that the company would be able to exceed its FY08 Technical Know How Fees.ET-
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Is Cipla a Good Buy at Around 150? - I am interested in buying some 50 shares of cipla....

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