Business Standard

Hester Biosciences Q3 net up by 48%

Image

BS Reporter Mumbai/ Ahmedabad

Recording a net profit of Rs 2.63 crore for the third quarter ended December 31, 2011 for the financial year 2011-12 as against Rs 1.77 crore for the previous corresponding period, Ahmedabad-based Hester Biosciences Limited posted a 48 per cent growth in its bottomline.

Hester, which recently launched its first poultry health product 'LACT-FD' - a freeze dried chicken strain pro-biotic, has reported a turnover of Rs 11.77 crore in Q3 for fiscal 2011-12 as compared to Rs 10.7 crore for the previous corresponding period, up by 10 per cent.

A Hester R&D product, LACT-FD, besides being introduced in India, will be exported to China post its launch.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 07 2012 | 12:13 AM IST

Explore News