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Coral Laboratories reports 70% jump in Q2 net profit

20 Nov 2013 Evaluate

Coral Laboratories has reported results for second quarter ended September 30, 2013.

The company has reported 70.45% rise in its net profit after tax at Rs 2.25 crore for the quarter ended September 30, 2013 as compared to Rs 1.32 crore for the same quarter in the previous year. Total income of the company has increased by 18.82% at Rs 12.37 crore for quarter under review as compared to Rs 10.41 crore for the quarter ended September 30, 2012.

Coral Laboratories is equipped with an ultra modern manufacturing unit in the state of Gujarat, Daman & today is a force to reckon with in the pharmaceutical industry; a fact which has been endorsed by the WHO GMP certification issued by the Food & Drugs Control Administration and ISO 9001-2000 Quality certification issued by American Quality Assessors.

Peers
Company Name CMP
Sun Pharma. Inds. 1853.00
Dr. Reddys Labs. 1200.40
Cipla 1404.00
Lupin 2098.00
Zydus Lifesciences 1180.00
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