Drug firm Merck today said its net profit declined by 4.49% to Rs 17.62 crore for the quarter ended June 30, 2011, over the same period previous fiscal.
The company had a net profit of Rs 18.45 crore in the same period previous fiscal, Merck said in a filing to the Bombay Stock Exchange (BSE).
The company's net net sales rose to Rs 152.32 crore for the quarter ended June 30, 2011, as compared to Rs 120.80 crore in the same period last fiscal.
Shares of Merck today closed at Rs 695 on the BSE, up 0.59% from previous close.