BWI: Unichem Net Profits Jumps 20%

Press release from Business Wire India
Source: Unichem Laboratories Limited
Tuesday, January 19, 2010 03:43 PM IST (10:13 AM GMT)
Editors: General: Consumer interest, Economy; Business: Advertising, PR & marketing, Banking & financial services, Financial Analyst, Healthcare, biotechnology & pharmaceutical, Stock exchanges; Healthcare
--------------------------------------------------
Unichem Net Profits Jumps 20%


Mumbai, Maharashtra, India, Tuesday, January 19, 2010 -- (Business Wire India) -- The Board of Directors of Unichem Laboratories Ltd at their meeting held on January 19, 2010 approved the third quarter [Q3] results.

The Company recorded a total income of Rs. 172.76 Crore for the quarter ended 31st December 2009 as against Rs. 152.22 Crore in the corresponding quarter of the previous year, showing an increase of 13.5%. The Company recorded a Profit before other income, interest & exceptional items of Rs. 40.56 Crore as against Rs. 31.65 Crore in the corresponding quarter of the previous year showing an increase of 28%.

The Company recorded a Net Profit of Rs. 33.68 Crore as against Rs. 28.11 Crore in the corresponding quarter of the previous year showing an increase of 20%.

The EPS for the quarter was Rs. 9.34 as against Rs. 7.80 for the corresponding quarter of the previous financial year.

About Unichem Laboratories Limited.

Unichem Laboratories Limited is an international, integrated, specialty pharmaceutical company. It manufactures and markets a large basket of pharmaceutical formulations as branded generics as well as generics in India and several other markets across the world. In India, the company is a leader in niche therapy areas of cardiology, neurology, orthopedics and anti-nfectives. The company has strong skills in product development, process chemistry and manufacturing of complex API as well as dosage forms. More information about the company can be found at www.unichemindia.com.

To view the Financial Results, click the link below:

Financial Results
For picture(s)/data to illustrate this release click below:

http://www.BusinessWireIndia.com/attachments/UNICHEM.pdf
UNICHEM.pdf


CONTACT DETAILS
K Subharaman, Unichem Laboratories Limited, +91 (22) 6688804 / +919833031121, subharamank@unichemindia.com
Rakesh Parikh, Unichem Laboratories Limited, +91 (22) 66888414 / +919892925555, rparikh@unichemindia.com
Gundu Rao, Unichem Laboratories Limited, +91 (22) 66888380 / +919820228944, gundurao@unichemindia.com

KEYWORDS
CONSUMER, ECONOMY, MARKETING, BANKING, Financial Analyst, HEALTHCARE, STOCK EXCHANGES, HEALTHCARE, UNICHEMLAB.BO, UNICHEMLAB.NS

If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.

Submit your press release at http://www.businesswireindia.com