Drug major Cipla today posted 25.51 per cent increase in its profit after tax at Rs 338.78 crore for the third quarter ended December 31, 2012.

The company had posted a profit after tax of Rs 269.91 crore for the corresponding period of previous fiscal, Cipla said in a filing to the BSE.

Net sales of the company rose to Rs 2,030.70 crore for the third quarter, as against Rs 1,711.47 crore for the same period of 2011-12 fiscal.

Shares of Cipla were trading at Rs 404.60 on the BSE, down 0.71 per cent from its previous close.