Zandu Pharma Q4 net slumps 71 pc

Ayurvedic drug maker Zandu Pharmaceutical today posted a 71.28 per cent fall in net profits at Rs 1.12 crore for the fourth quarter ended March 31 as compared to Rs 3.90 crore in the same period previous year.

MUMBAI: Ayurvedic drug maker Zandu Pharmaceutical today posted a 71.28 per cent fall in net profits at Rs 1.12 crore for the fourth quarter ended March 31 as compared to Rs 3.90 crore in the same period previous year.
Gross income of the company, however, rose by 2.41 per cent to Rs 31.38 crore for the three months ended March 31 as against Rs 30.64 crore in the corresponding period last year, Zandu Pharma informed the National Stock Exchange.
Shares of the company were trading at Rs 3864, down 2.04 per cent or Rs 80 on the NSE.
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