Panacea Biotech net up 104%

Panacea Biotech announced a 103.5% jump in net profit for the period ended September ‘06 to Rs 46.5 crore, compared with Rs 22.87 crore during the corresponding period of the previous year.

Oct 20, 2006, 02.36 AM IST

NEW DELHI: Panacea Biotech announced a 103.5% jump in net profit for the period ended September ‘06 to Rs 46.5 crore, compared with Rs 22.87 crore during the corresponding period of the previous year.

Net turnover during the second quarter of the current financial year rose by 32% to 174.3 crore from Rs 132 crore during the corresponding quarter of the previous year.

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