Merck Q1 net down 35%

Merck has reported a 35% decline in net profit at Rs 9.36 crore for the first quarter ended March 31, 2005 as against Rs 14.34 crore in the quarter ended March 31, 2004.

According to a release issued by the company to the BSE today, total income declined to Rs 76.59 crore from Rs 85.90 crore in Q1FY04.