Cadila Healthcare Q3 net jumps over 81 per cent to Rs 186 crore

Cadila Healthcare on Friday reported a 81.54 per cent increase in consolidated net profit at Rs 185.97 crore for the third quarter that ended on December 31, 2013.

The company had reported a net profit of Rs 102.44 crore in the corresponding quarter of the previous fiscal year (2012-13).

Net sales during the third quarter of the ongoing fiscal year were up at Rs 1,838.04 crore as against Rs 1,561.02 crore in the year-ago period, the company said in a filing to the BSE.

Overall expenses in Q3 were at Rs 1,626 crore, compared to Rs 1,402.94 crore in the same quarter last fiscal year.

Shares in Cadila Healthcare, on Friday, ended at Rs 903.15 apiece on the BSE, up 5.85 per cent from the previous close.