Ranbaxy posts Rs.1.6 bn profit in last quarter

Ranbaxy posts 1.6 bn profit in last quarter

Tuesday, 29 July 2008, 07:00 Hrs
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New Delhi: India's largest drug manufacture Ranbaxy Laboratories announced Tuesday a net profit of 1.6 billion ($39 million) on a consolidated basis in the second quarter of this year ending June 30, exactly the same gain made in the comparable period last year. The firm starts its accounting year Jan 1.

Total sales at 18.3 billion ($440 million) in the quarter under review was up 13 percent from 16.2 billion ($395 millon) earned in the previous quarter.
Source: IANS
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