Cipla net up 58% at Rs 400 crore in June quarter

The company had posted a net profit of Rs 253.34 for the same period of previous fiscal, Cipla Ltd said in a filing to BSE.<b>

NEW DELHI: Cipla today posted 58.19 per cent rise in net profit at Rs 400.76 crore for the first quarter ended June 30, 2012.

The company had posted a net profit of Rs 253.34 for the same period of previous fiscal, Cipla Ltd said in a filing to the BSE.

Net sales of the company rose to Rs 1,917.38 crore during the reported quarter compared to Rs 1,550.33 crore in the same period of 2011-12 fiscal.

Shares of Cipla today closed at Rs 338.55 apiece on the BSE, up 1.67 per cent from its previous close.
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