Elder Pharma net up at Rs 5.04 crore

Elder Pharma, which specialising in women's healthcare formulations and wound care products, has posted a total income Rs 73.01 crore for the quarter-ended December 2003 compared to Rs 62.58 crore in the previous corresponding period, a growth of 16.67 per cent.

Gross profit rose 71.42 per cent to Rs 7.08 crore (Rs 4.13 crore). Net profit has gone up to Rs 5.04 crore (Rs 2.61 crore).

For the nine months period ended December 2003, the total income from operations stood at Rs 200.78 crore (Rs 174.05 crore), gross profit Rs 19.14 crore (Rs.12.83 crore) and net profit at Rs 12.74 crore (Rs 7.57 crore). These unaudited provisional results taken on record on January 23.