Torrent Pharma Q2 net profit up 5% at Rs 113 crore

NEW DELHI: Torrent Pharmaceuticals today posted 4.62 per cent increase in consolidated net profit at Rs 113 crore for the second quarter ended September 30, 2013.

The company had posted a net profit of Rs 108 crore during the same period of previous fiscal.

Net sales of the company rose to Rs 936 crore for the second quarter as against Rs 747 crore in the same period of previous financial year, Torrent Pharmaceuticals Ltd said in a filing to the BSE.

For the six months ended September 30, the company's revenues rose to Rs 1,944 crore, as compared to Rs 1,544 crore during the same period of previous fiscal.

Shares of Torrent Pharmaceuticals today closed at Rs 425.85 on the BSE, up 2.32 per cent from previous close.