Piramal Healthcare stock down 4% notwithstanding good results

Piramal Healthcare Ltd has announced the following Un-Audited results for the quarter ended September 30, 2009:

The Company has posted a Net profit for the period of Rs 1142.20 million for the quarter ended September 30, 2009 as compared to Rs 694.40 million for the quarter ended September 30, 2008. Total Income has increased from Rs 6369.00 million for the quarter ended September 30, 2008 to Rs 7115.90 million for the quarter ended September 30, 2009.

The Unaudited Consolidated results are as follows:

The Group has posted a net profit for the period of Rs 1062.70 million for the quarter ended September 30, 2009 as compared to Rs 733.90 million for the quarter ended September 30, 2008. Total Income has increased from Rs 8893.30 million for the quarter ended September 30, 2008 to Rs 9999.90 million for the quarter ended September 30, 2009.
Uploaded at 10/22/2009 06:47:00 PM
by Chinmay
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