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BREAKING NEWS

Zydus Cadila s Q1 consolidated net profit up 15%

10 Aug 2017

Mumbai Aug 10 (IANS) Pharma major Zydus Cadila on Thursday reported a rise of 14.7 per cent in its consolidated net profit to Rs 25.27 crore during the first quarter ended June 30.



On a consolidated basis the company s total income from operations was reported at Rs 115.54 crore during the quarter under review.

"During the quarter offtake of the company s pillar brands -- Sugar Free EverYuth and Nutralite continued to grow at a consistent pace " the company said in a statement.

"Sugar Free India s largest selling sugar substitute maintained its number one position with a market share of 94.6 per cent (MAT June 17 report of Nielsen) up by 50 basis points " it added.

On a closing basis the scrips of the pharma major fell by 0.37 per cent to Rs 880.10 per share.

--IANS
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