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Ajanta Pharma reports 85% surge in Q2 net profit

26 Oct 2012 Evaluate

Ajanta Pharma has reported results for second quarter ended September 30, 2012.

The company has registered growth of 84.64% in its net profit after tax at Rs 21.88 crore for the quarter ended September 30, 2012 as compared to Rs 11.85 crore for the same quarter in the previous year. Total income from operation has increased by 37.91% at Rs 186.37 crore for quarter under review as compared to Rs 135.14 crore for the quarter ended September 30, 2011.

Ajanta Pharma (APL) is engaged manufacturing pharmaceutical products. The company runs three divisions -- prescription drugs, OTC and institutional sales.

Peers
Company Name CMP
Sun Pharma. Inds. 1866.00
Dr. Reddys Labs. 1172.05
Cipla 1372.25
Lupin 2092.00
Zydus Lifesciences 1137.00
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