Nicholas consolidated net up 31% at Rs 73cr

Nicholas Piramal consolidated Q3 net profit for the quarter ended December 2007 surged 31% to Rs 72.76 crore when compared with Rs 55.55 crore in the corresponding quarter a year ago.

According to a release issued by the company to the BSE today, total income increased 13.3% to Rs 736.35 crore in Q3FY08 from Rs 649.70 crore in Q3FY07.

On a stand-alone basis, the company's bottomline soared 70.5.% to Rs 73.82 crore in Q3FY08 as against Rs 43.30 crore in Q3FY07. Total income grew 20.6% to Rs 492.18 crore from Rs 408.04 crore.