Indoco Remedies Q4 up 2.45% at Rs 12.53 crore

28 May, 2012, 07.15PM IST, PTI 


MUMBAI: Drug firm Indoco Remedies today reported 2.45 per cent increase in net profit at Rs 12.53 crore for the quarter ended March 31, 2012.

The company had posted a net profit of Rs 12.23 crore for the fourth quarter of 2010-11 fiscal, Indoco Remedies said in a filing to the BSE.

Total income of the company stood at Rs 147.41 crore for the quarter under review against Rs 121.19 crore in the same period year ago.

The company's board has also recommended payment of divided of Rs 1.10 per equity share on the face value of Rs 2 each for financial year 2011-12, it said.

The net profit of the company for the year ended March 31, 2012, however, declined to Rs 46.34 crore from Rs 51.12 crore for the same period previous fiscal.

Total income of the company for the fiscal was up at Rs 568.77 crore from Rs 481.07 crore in the previous fiscal.