Cipla FY09 net up 10% at Rs 771 cr

Drug maker Cipla today reported a growth of 10 per cent in its consolidated net profit for the financial year ended March 31 to Rs 771.02 crore.

The company had a consolidated net profit of Rs 701.04 crore during the 2007-08 financial year, Cipla said in a filing to the Bombay Stock Exchange (BSE).

The consolidated total income of pharmaceutical firm rose to Rs 5,326.04 crore in the latest fiscal from Rs 4282.92 crore of a year earlier.

The company has declared a dividend of Rs 2 per share for the year 2008-2009.

On a standalone basis, Cipla posted a net profit of Rs 776.82 crore during FY'09, an 11 per cent rise compared to Rs 701.43 crore of FY'08.

Shares of Cipla today closed at Rs 272.15, almost flat from its previous close on the BSE.