Strides Arcolab Q1 profit after tax up 49% at Rs 61 cr

Drug maker Strides Arcolab has reported a massive growth of 48.8% year-on-year in its profit after tax of Rs 61 crore in the fourth quarter of FY12. Its PAT stood at Rs 41 crore in a year ago period.

Revenues increased 40.22% to Rs 495 crore from Rs 353 crore year-on-year.

Earnings before interest, tax, depreciation and amortisation (EBITDA) jumped 65% to Rs 137 crore in the January-March quarter of 2011 versus Rs 83 crore in the corresponding quarter of last fiscal.

Source: www.moneycontrol.com

Thanks,

Gaurav Agarwal

Head Dealer

DENIP Consultants Pvt Ltd