Spiga

Glenmark Pharmaceuticals net profit rises 108.02% in the March 2008 quarter

Net profit of Glenmark Pharmaceuticals rose 108.02% to Rs 130.14 crore in the quarter ended March 2008 as against Rs 62.56 crore during the previous quarter ended March 2007. Sales rose 44.44% to Rs 396.90 crore in the quarter ended March 2008 as against Rs 274.79 crore during the previous quarter ended March 2007.
For the full year, net profit rose 188.59% to Rs 389.02 crore in the year ended March 2008 as against Rs 134.80 crore during the previous year ended March 2007. Sales rose 71.02% to Rs 1372.69 crore in the year ended March 2008 as against Rs 802.64 crore during the previous year ended March 2007.

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