Torrent Pharma’s net profit up by 63.9%

Torrent PharmaceuticalsIndia’s leading pharmaceutical company, Torrent Pharma has announced its fourth quarter financial results for the fiscal year 2009-10 and has managed to post an impressive net profit and revenue. The firm has posted a net profit of Rs 59.14 crore for the quarter that ended in 31st March 2010.

This net profit figure was at Rs 36.09 crore for the same quarter in the preceding year. That means the firm has managed to register a consolidated net profit hike of 63.9% in this quarter. This has been reported in the recent filing from Torrent Pharma in a filing at the Bombay Stock Exchange.

So far as the consolidated total income of the firm is concerned, it has touched Rs 475.32 crore for the fourth quarter. It has increased from Rs 405 crore for the same quarter last year. The net revenue figure of the company is reasonably good as well.

For the year ended on 31st March 2010, the consolidated net profit after tax is found out to be to Rs 231.20 crore for the entire financial year. It was Rs 184.37 crore in the preceding fiscal year.