Piramal Healthcare today reported a consolidated net profit of Rs 201.85 crore for the fourth quarter ended March 31, 2011.
The company had posted a consolidated net profit of Rs 154.32 crore in the same period previous fiscal, Piramal Healthcare said in a filing to the Bombay Stock Exchange (BSE).
The figures for the quarter and the year ended March 31, 2011 are not comparable to the previous quarter and the year ended March 31, 2010 on account of the selling of the domestic formulations business and diagnostic services during the last fiscal, the company said.
Piramal's consolidated net sales for the fourth quarter stood at Rs 559.05 crore. They were Rs 941.79 crore for the corresponding period last fiscal.
The company'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.
Piramal's standalone net profit for the fourth quarter ended March 31, 2011 stood at Rs 168 crore. It was Rs 116.61 crore for the same period previous fiscal.
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For the year ended March 31, 2011, the company's consolidated net sales stood at Rs 2,555.96 crore. The net sales stood at Rs 3,763.23 crore in the 2009-10 financial year.
Shares of Piramal Healthcare today closed at Rs 459 on the BSE, up marginally from the previous close.