Merck third quarter net up 11 per cent at Rs 31.68 crore

Drug and chemical firm Merck today reported 11.15 per cent rise in its net profit to Rs 31.68 crore for the third quarter ended September 30, 2017.

Published: 14th November 2017 07:17 PM  |   Last Updated: 14th November 2017 07:17 PM   |  A+A-

Merck logo | Reuters

By PTI

NEW DELHI: Drug and chemical firm Merck today reported 11.15 per cent rise in its net profit to Rs 31.68 crore for the third quarter ended September 30, 2017.

The company had posted a net profit of Rs 28.50 crore for the corresponding period of the previous fiscal, Merck said in a BSE filing.

The company follows the January-December fiscal.

Total revenue from operations of the company stood at Rs 312.72 crore for the quarter under consideration. It was Rs 278 crore for the same period a year ago.

Shares of Merck closed 1.05 per cent higher at Rs 1,148.85 per scrip on BSE today.

Stay up to date on all the latest Business news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.