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Our Bureau

Mumbai, April 25

An even-handed growth in both the domestic and export market has helped Cipla Ltd post an 80.68 per cent growth in net profit for the fourth quarter ended March 31, 2006.

The company has posted a net profit of Rs 190 crore, up from Rs 105 crore in the same quarter the previous yearTotal income (net of excise) has increased to Rs 917 crore (Rs 550 crore). Mr Amar Lulla, Cipla's Joint Managing Director, told Business Line that the domestic market grew by about 56 per cent, while exports rose about 63 per cent.

The company has posted a net profit of Rs 600 crore for the year ended March 31, 2006, compared to Rs 409 crore the previous year. Total income (net of excise) has increased to Rs 3,116 crore (Rs 2,336 crore). Cipla's shareswere down 4.73 per cent at Rs 247.70 on the Bombay Stock Exchange on Tuesday.

More Stories on : Pharmaceuticals | Cipla Ltd

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