Torrent Pharmaceuticals has posted a 4.3% rise in consolidated net profit at Rs 50.86 crore in FY06 when compared with Rs 48.76 crore in FY05.According to an official release issued by the company to the BSE today, total income increased 75% to Rs 968.46 crore for FY06 when compared with Rs 551.94 crore in FY05. For Q4FY06, however, the group has posted a net loss of Rs 1.27 crore. Total income for Q4FY06 is Rs 246.73 crore. The board has recommended a dividend of Rs 2.50 per share and has approved raising $ 15 crore with a green shoe option upto 15% by issuing equity or equity linked securities in the domestic and/or international markets.
