Drug firm Sanofi India has reported 12.30 per cent increase in its net profit at Rs 57.5 crore for the second quarter ended June 30, 2014.
The company had posted a net profit of Rs 51.2 crore during the same period last year.
Net sales of the company went up by 18.70 per cent to Rs 486.7 crore during the quarter under review as against Rs 410 crore during the same period a year ago, Sanofi India said in a BSE filing.
Overall expenses stood at Rs 431.9 crore in the quarter as against Rs 370.4 crore in the corresponding period of the previous year.
The company's board, which met today, recommended an interim dividend of Rs 10 per equity share.
Shares of Sanofi India today closed at Rs 2939.50 apiece on the BSE, down 1.24 per cent from their previous close.
