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Glenmark Q4 net up 33% at Rs 150 crore

Finance Secretary RS Gujral said that there was no question of the government negotiating with any company on the tax amendments proposed in the Finance Bill for 2012-13.

Newly-elected French President Francois Hollande (L) with outgoing Culture Minister Frederic Mitterrand
Newly-elected French President Francois Hollande (L) with outgoing Culture Minister Frederic Mitterrand
Glenmark Pharmaceuticals said its consolidated net profit rose by 32.54 per cent to Rs 150.35 crore for the fourth quarter ended March 31, 2012, on the back of robust sales in the domestic and US market.The company had posted a net profit of Rs 113.43 crore for the quarter ended March 31, 2011, Glenmark Pharmaceuticals said in a statement.Net sales of the company increased by 34 per cent to Rs 1,065.85 crore for the quarter ended Mar...
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