Cadila Healthcare Q1 net marginally up 1.33%

Cadila Healthcare today reported 1.33 per cent increase in net profit at Rs 203.61 crore for
the quarter ended June 30, 2013.

The growth rate was modest as expenses saw an increase of over 9 per cent.

The company had reported net profit of Rs 200.93 crore in the same quarter a year ago.

Net sales in the quarter under review were at at Rs 1,607.45 crore, an increase of 6.02 per cent as against Rs 1,516.1 crore in the corresponding period last year, the company said in a BSE filing.

Overall expenses in the quarter were at Rs 1,397.82 crore, an increase of 9.16 per cent compared with Rs 1,280.44 crore in the same quarter last year.