Merck's Q1 net profit declines 13% to Rs 13.39 crore

NEW DELHI: Drug firm Merck today said its net profit fell 12.76 per cent to Rs 13.39 crore in the first quarter ended March 31, over the same period last fiscal.

The company had a net profit of Rs 15.35 crore in Q1, 2010, Merck said in a filing to the Bombay Stock Exchange ( BSE).

The company posted a total income of Rs 115.95 crore for the quarter ended March, 2011, as against Rs 104.98 crore for the corresponding period last fiscal.

Shares of Merck Ltd today closed at Rs 662.20 on the BSE, up 5.31 per cent from its previous close.