Alembic’s revenues up 42% at Rs 1027cr
Alembic Limited reported net sales for the year ended March 31, 2008 at Rs 1027 crore (up by 42%) compared to Rs 722 crore in the year-ago period, while net profit for the year ended March 31, 2008 rose by 59% to Rs 112 crore, as against Rs 71 crore posted in last fiscal.
Sales for the fourth quarter stood at Rs 268 crore, a growth of 58 % as compared to Rs 169 crore in the fourth quarter of the corresponding previous year. The Company reported a net profit of Rs 15.34 crore for the quarter ended March 31, 2008, a jump of 39 % as against Rs 11.05 crore posted in the same period of last fiscal. The Company’s efforts of last few quarters to break into regulated markets have started yielding results.
The Company’s sales to regulated markets for full year was Rs. 189.02 crore against 49.87 crore in last fiscal while for the quarter it was Rs. 71.72 crore against Rs. 11.25 crore in corresponding quarter for the previous year
Sourced From: Adfactors Public Relations Pvt Ltd
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