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Torrent Pharma registers 80% growth in Q4 net profit

21 May 2012 Evaluate

Torrent Pharmaceuticals has registered 80.09% jump in net profit at Rs 80.07 crore for the quarter ended March 31, 2012, compared with a profit of Rs 44.46 crore for the same quarter a year ago.

The company’s total income surged 34.13% to Rs 544.59 crore for the quarter under review as compared to Rs 406.03 crore for the corresponding quarter previous fiscal.

The PSU firm’s net profit for the full financial year 2011-12 rose 7.01% to Rs 311.25 crore in the year under review as against Rs 290.86 crore in FY11. However, total income increased by 18.51% to Rs 2076.04 crore for the year ended March 31, 2012 from Rs 1751.73 crore in FY11.   

Torrent Pharmaceuticals has recommended a final dividend of Rs 2.50 per equity share of Rs 5 each fully paid up.

Peers
Company Name CMP
Sun Pharma. Inds. 1835.50
Dr. Reddys Labs. 1171.10
Cipla 1371.45
Lupin 2144.70
Zydus Lifesciences 1153.00
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