Mumbai-based Piramal Healthcare Ltd announced a net profit of Rs 201.85 crore for the fourth quarter ended March 31, 2011. The company had posted a net profit of Rs 154.32 crore in the corresponding quarter last month. The company’s net sales for the quarter stood at Rs 559 crore against Rs 941 crore for the corresponding quarter last year.
Piramal Healthcare’s consolidated net profit for the year ended March 31, 2011 stood at Rs 12,883.36 crore. It was Rs 481.90 crore in the previous fiscal. The net sales for the full fiscal stood at Rs 2,555 crore as against Rs 3,671 crore in the previous fiscal.
Source: www.thehindubusinessline.com