Amrutanjan Healthcare Q3 net grows over 2-fold

Amrutanjan Healthcare today reported a net profit of Rs 5.08 crore for October-December, 2013, against that of Rs 2.03 crore in the same period of previous year.

Amrutanjan Healthcare Q3 net grows over 2-fold
CHENNAI: Pain-balm maker Amrutanjan Healthcare today reported a net profit of Rs 5.08 crore for October-December, 2013, against that of Rs 2.03 crore in the same period of previous year.

Total income from operations for the third quarter grew to Rs 40.86 crore from Rs 38.56 crore registered during the same period of the previous year, the Chennai-based company said in a BSE filing.

The company's board at its meeting held today, declared an interim dividend of Re 1 per share for 2013-14, it said.

The company said its sales grew eight per cent in the over the counter business while new head and body products contributed to 50 per cent of increase in revenue by volume.

Shares of the company ended at Rs 132.40 apiece, up by 3.88 per cent over previous close in BSE.
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