Drug firm Wyeth has posted a net profit of Rs 42.49 crore for the quarter ended June 30.
The company had posted a net profit of Rs 26.65 crore for the quarter ended May 31, 2010, Wyeth said in a filing to the Bombay Stock Exchange (BSE).
Net sales of the company stood at Rs 146.44 crore for the quarter ended June 30, 2011. It was Rs 122.05 crore for the quarter ended May 31, 2010.
The figures are not comparable as the current quarter is from April 1, 2011 to June 30, 2011 while the previous quarter was from March 1, 2010 to May 31, 2010, Wyeth said.
The company has changed its accounting year from December 1-November 30 to April 1-March 31 with effect from December 1, 2009, it added.
Shares of Wyeth today closed at Rs 975 on the BSE, down 1.83% from its previous close.