Sanofi Q1 net up 24.75 pc at Rs 64.5 crore

Drug firm Sanofi India today reported a 24.75 per cent increase in net profit at Rs 64.5 crore for the quarter ended March 31, 2015, aided by an exceptional income of Rs 16.1 crore.
The company had posted a net profit of Rs 51.7 crore during the same period last year.
The net of tax at Rs 16.1 crore arising from the sale of a floor at a commercial premises in Mumbai in January 2015 has been indicated as exceptional item, the company said.
Net sales of the company went up by 9.50 per cent to Rs 459.8 crore during the quarter under review as against Rs 419.9 crore during the same period a year ago, Sanofi India said in a BSE filing.

Overall expenses stood at Rs 431.9 crore in the quarter, an increase of 11.34 per cent as against Rs 387.9 crore in the corresponding period of the previous year.
Shares of Sanofi India today closed at Rs 3,170 apiece, up 0.21 per cent from previous close on BSE.