The board of directors of Unichem Laboratories at their meeting held on January 18, 2014 approved the third quarter (Q3) un-audited results for FY 2013-14. The company recorded a total income of Rs 264.90 crores for the quarter ended December 31, 2013 as against Rs 232.57 crores in the corresponding quarter of the previous year recording a growth of 14 per cent. The company recorded a profit before interest and exceptional items of Rs 41.28 crores as against to Rs 36.46 crores in the corresponding quarter of the previous year recording a growth of 13 per cent.
Profit after tax, excluding exceptional items, for the current quarter stood at Rs 32.14 crores as against Rs 30.34 crores recorded in the corresponding quarter of the previous year.
Profit after tax including exceptional items for the current quarter stood at Rs 74.18 crores as against Rs 30.34 crores recorded in the corresponding quarter of the previous year. Exceptional items represents profits on sale of company’s manufacturing unit at SEZ, Indore and amortisation of intangible assets due to change in their estimated useful life.
The board declared an interim dividend of Rs 4 per share (200 per cent) on face value Rs 2 per share each. (previous year final dividend Rs. 4.50 (225 per cent) per share on face value share of Rs 2 each).
EP News Bureau – Mumbai