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    HomeNewsBusinessEarningsVenus Remedies Q3 net rises 55% to Rs 16 cr, shares up 15%

    Venus Remedies Q3 net rises 55% to Rs 16 cr, shares up 15%

    Venus Remedies' net profit grew by 55 percent year-on-year to Rs 16 crore in the third quarter of financial year 2012-13, sending shares 15 percent (intraday) higher on Friday.

    February 08, 2013 / 11:47 IST

    Venus Remedies' net profit grew by 55 percent year-on-year to Rs 16 crore in the third quarter of financial year 2012-13, sending shares 15 percent (intraday) higher on Friday.

    Total income increased 17 percent to Rs 112.6 crore from Rs 96 crore during the same period.

    At 11:39 hours IST, shares rallied nearly 10 percent to Rs 271.35 amid large volumes on Bombay Stock Exchange.

    Trading volumes jumped 16.5 times to 1,33,092 equity shares as against five-day average of 8,051 shares.

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    first published: Feb 8, 2013 11:47 am

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