Ranbaxy Q1 net profit at Rs 128cr

Ranbaxy Laboratories has announced its first quarter results. The company's net profit was up at Rs 128 crore (Rs 1.28 billion) versus Rs 71.4 crore (Rs 714 million), YoY.

Ranbaxy Q1 net sales stood at Rs 1,564.4 crore (Rs 15.64 billion) versus Rs 1,263.1 crore (Rs 12.63 billion).

Forex gain for first quarter was at Rs 55.9 crore (Rs 559 million) as against Rs 5.9 crore (Rs 59 million).

Ranbaxy Guidance for CY07: Ssales growth seen at 20%.

Result (Rs cr)	Mar-07	Dec-06	Sep-06	Jun-06	Mar-06
Gross Sales	999.11	1015.98	1103.59	1056.23	797.76
Excise Duty	-10.94	-10.13	-13.28	-12.50	-12.24
Net Sales	988.17	1005.85	1090.31	1043.73	785.52
Other Income	27.87	29.48	-19.09	40.05	33.70
Total Income	1016.04	1035.33	1071.22	1083.78	819.22
Expenditure	-827.31	-830.96	-893.17	-923.42	-722.98
Operating Profit	188.73	204.37	178.05	160.36	96.24
Interest	-15.71	-13.60	-17.60	-16.07	-10.83
Gross Profit	173.02	190.77	160.45	144.29	85.41
Depreciation	-28.77	-25.46	-29.21	-28.37	-28.72
Profit before Tax	144.25	165.31	131.24	115.92	56.69
Tax	-38.04	-26.24	-11.33	-16.09	-6.45
Profit after Tax	106.21	139.07	119.91	99.83	50.24
Extraordinary Items	9.07	-	-22.60	-	-
Net Profit	115.28	139.07	97.31	99.83	50.24
Equity Capital	186.39	186.34	186.33	186.30	186.24