Abbott India Posts 35% Rise in Q1 Profit

New Delhi: Drug firm Abbott India on Wednesday reported a 34.61 per cent rise in standalone net profit at Rs 68.56 crore for the fiscal first quarter that ended on June 30, 2015.

The company had posted a net profit of Rs 50.93 crore for the corresponding period a year ago, it said in a filing to the BSE.

Standalone total income from operations of the company also rose to Rs 633.10 crore for the quarter under consideration as against Rs 525.29 crore a year ago.

Shares in Abbott India, on Wednesday, ended nearly 1 per cent higher at Rs 4,520.05 apiece on the BSE.