This Article is From Aug 03, 2016

Cadila Healthcare Q1 Profit Dips 23% To Rs 356 Crore

Cadila Healthcare Q1 Profit Dips 23% To Rs 356 Crore

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New Delhi: Drug firm Cadila Healthcare on Wednesday reported a 22.59 per cent dip in consolidated net profit at Rs 356.2 crore for the quarter ended June 30.

The company had posted a net profit after taxes, minority interest and share of profit of associates and joint ventures of Rs 460.2 crore for the corresponding period of the previous fiscal year, it said in a filing to the BSE.

Consolidated total income from operations of the company stood at Rs 2,287.1 crore for the quarter under consideration as against Rs 2,382.6 crore a year ago.

Shares in Cadila Healthcare, on Wednesday, ended 0.22 per cent lower at Rs 347 apiece on the BSE, whose benchmark Sensex index finished 1.02 per cent.
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