Sterling Biotech Q4 net up 11.62 pc to Rs 52.51 cr

NEW DELHI: Sterling Biotech today reported 11.62 per cent rise in net profit at Rs 52.51 crore for the quarter ended March, 2011, on higher income.

The company had recorded Rs 47.04 crore net profit in the corresponding quarter last fiscal, it said in a statement.

Total income of the company, which claims to be one of the largest Gelatin producers in the world with 7.5 per cent market share, rose to Rs 438.2 crore during the quarter against Rs 382.78 crore in the same period last year.