Unichem Laboratories registers 57% growth in Q4

Unichem Laboratories has registered 56.53% jump in its net profit at Rs 23.23 crore for the fourth quarter ended March 31, 2012. The company had posted a net profit of Rs 14.84 crore for the same in fiscal 2010-11.

The pharmaceutical company’s total income stood at Rs 192.97 crore for the quarter ended March 31, 2012 as against Rs 178.10 crore in the year-ago period, up by 8.35%.

However, net profits of the Mumbai-based firm declined by 23.99% to Rs 82.46 crore for the financial year ended March 31, 2012 from Rs 108.49 crore in the year-ago period.

Total income of the company stood at Rs 803.18 crore for the year ended March 31, 2012 as against Rs 764.73 crore in the previous fiscal, rose 5.01%.

Apart from its formulations business, Unichem also manufactures active pharmaceutical ingredients.