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Piramal Healthcare Q1 net profit up at Rs 50.9 cr
Published on Thu, Jul 24, 2008 at 13:31 , Updated at Thu, Jul 24, 2008 at 16:19
Source : CNBC-TV18
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Piramal Healthcare has announced its first quarter results. The company's Q1 standalone net profit was up at Rs 50.9 crore versus Rs 34.3 crore. Its standalone net sales were at Rs 489 crore. Its consolidated net profit was up 56.7% at Rs 68 crore from Rs 43.4 crore whereas CNBC-TV18 estimated at Rs 73 crore and net sales up 16.5% at Rs 708.3 crore versus Rs 608 crore while CNBC-TV18 estimated at Rs 706.80 crore. Operating profit was at Rs 120 crore versus Rs 83.72 crore and OPMs improved at 16.8% from 13.7%. Q1 Highlights CRAMs business grew 14% in this quarter Domestic formulation business to start recorded a strong growth of 20% Rs 20 crore of R&D expense has gone to the de-merged R&D arm Brands acquired from Khandelwal labs will start contributing from next quarter onwards
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:) expect a big upmove .... if u have been following this scrip closely ... over the last 2 weeks there have be...
in Piramal Holding - s_b at 01-Oct-08 01:04
Why is this share not moving up.Last 6-8 months it is maintaining same level....
in Piramal Holding - aa1234 at 01-Oct-08 11:46
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