Cadila Healthcare Ltd Q4 net down 8.74% to Rs 239.19 crore

Cadila Healthcare Ltd today reported 8.74 per cent decline in consolidated net profit to Rs 239.19 crore for the quarter ended March 31 due to higher tax expense.

The company had reported net profit of Rs 262.11 crore in the January-March quarter of financial year 2012-13.

Cadila's net sales in the quarter under review were up by 22.40 per cent to Rs 1,916.33 crore as against Rs 1,565.53 crore in the year-ago period, the company said in a BSE filing.

During the quarter, the company recorded tax expense of Rs 34.76 crore as against a tax credit of Rs 59.02 crore in the corresponding period a year ago.

Overall expenses in Q4 stood at Rs 1,662.73 crore, up 21.11 per cent, compared with Rs 1,372.81 crore in the same quarter of last fiscal.

Cadila Healthcare scrips were trading at Rs 911 apiece in the afternoon trade, down 3.11 per cent from its previous close on the BSE.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • India must redefine poverty based on mobile haves and have nots

    Who is poor? Who is not?

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Varun Dutt

<b>Riskfactor</b>: Overdose of hope

As a conservative estimate, at least half of all new ...

Zehra Naqvi

Translated nuances

Translating a book from another language is a tough job, ...

Bubbles Sabharwal

Don’t let bullies get away, stand up to them

Boarding schools can be like a totalitarian regime. It can ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture