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Ajanta Pharma net up 37% at Rs 3.15 cr

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Press Trust of India Mumbai

Ajanta Pharma today announced a net profit of Rs 3.15 crore for the first quarter ended June 30, a 37 per cent growth from that in the corresponding period a year-ago.

The firm had a net profit of Rs 2.29 crore for the first quarter of FY08, Ajanta Pharma said in a filing to the Bombay Stock Exchange.

The total sales increased 18 per cent to Rs 70.14 crore in the June quarter, from Rs 59.54 crore in the year-ago period.

Shares of Ajanta Pharma closed at Rs 82.80, up 2.92 per cent on the BSE.

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First Published: Jul 30 2008 | 5:02 PM IST

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