Dishman Pharmaceuticals & Chemicals disclosed a good increase in net profit for the quarter ended March 2014. During the quarter, the profit of the company rose 21.47% to Rs 225.59 million from Rs 185.71 million in the same quarter last year.
Net sales for the quarter rose 17.56% to Rs 4,094.18 million, compared with Rs 3,483 million for the prior year period.
Earnings per share for the quarter stood at Rs 2.80, registering 21.74% growth over previous year period.
| Quarterly Results - (Rs in mn) |
| As at | Mar - 14 | Mar - 13 | %Change |
| Net Sales | 4,094.18 | 3,482.60 | 17.56 |
| Net Profit | 225.59 | 185.71 | 21.47 |
| Basic EPS | 2.80 | 2.30 | 21.74 |
Shares of the company gained Rs 1.5, or 1.69%, to trade at Rs 90.00. The total volume of shares traded was 182,645 at the BSE (10.47 a.m., Thursday).
