Ajanta Pharma reports 39% growth in Q1 consolidated net profit

Ajanta Pharma has reported results for first quarter ended June 30, 2016.

The company has reported 22.01% rise in its net profit at Rs 99.91 crore for the quarter ended June 30, 2016 as compared to Rs 81.89 crore for the same quarter in the previous year. The company’s total income increased by 18.57% to Rs 421.47 crore for the quarter under review from Rs 355.45 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 39% rise in its net profit after taxes, minority interest and share of profit of associates at Rs 119.55 crore for the quarter ended June 30, 2016 as compared to Rs 86.01 crore for the same quarter in the previous year . Total Income of the company increased by 19.33% to Rs 476.48 crore for the quarter under review from Rs 399.31 crore for the same quarter ended June 30, 2015