Cadila Healthcare Jumps Over 4% on Robust Q3 Earnings

Shares of Cadila Healthcare jumped over 4 per cent to hit intraday high of Rs 1,540 in trades on Tuesday after the company reported that its third quarter consolidated net profit jumped 51 per cent on a year on year basis.
Shares of Cadila Healthcare jumped over 4 per cent to hit intraday high of Rs 1,540 in trades on Tuesday after the company reported that its third quarter consolidated net profit jumped 51 per cent on a year on year basis.
 

Its consolidated net profit for third quarter ended December 2014 came in at Rs 282 crore as against Rs 186 crore posted during the same quarter previous year.

 

Cadila Healthcare's total income jumped nearly 17 per cent to Rs 2,160 crore compared to Rs 1,838 crore for the quarter ended December 31, 2013.

 

The stock closed at Rs 1,514, up 2.6 per cent on the Bombay Stock Exchange. It touched high of Rs 1540 and low of Rs 1475 in trades on Tuesday

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