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Ortin Laboratories reports 63% fall in Q1 net profit

31 Aug 2012 Evaluate

Ortin Laboratories has reported results for first quarter ended June 30, 2012.

The company has reported a fall of 63.33% in its net profit at Rs 0.44 crore for the quarter under review as compared to Rs 1.20 crore for the same quarter in the previous year. The total income from operation of the company has decreased by 19.59% at Rs 15.93 crore for Q1FY13 as compared Rs 19.81 crore for the corresponding quarter previous year.

Ortin Laboratories has recommended 5% or Rs. 0.50 per share dividend for the financial year 2011-12.

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