Shares of Aurobindo Pharma today surged nearly 6 per cent after the company reported 23.81 per cent rise in consolidated net profit for the first quarter ended June 30.
The scrip gained 5.59 per cent to Rs 777.50 on BSE.
On NSE, shares of the company jumped 5.6 per cent to Rs 777.90.
The drug firm yesterday reported 23.81 per cent rise in consolidated net profit to Rs 584.96 crore, mainly on account of robust sales.
The company had posted a net profit after taxes, minority interest and share of profit of joint ventures of Rs 472.45 crore for the corresponding period of the previous fiscal, the company had said in a filing to BSE.
Consolidated total income from operations also rose to Rs 3,725.90 crore for the quarter under review as against Rs 3,298.93 crore for the same period a year ago.
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