Ahmedabad, Jan 24: The Ahmedabad-based Torrent Pharmnaceuticals Ltd (TPL) has posted a 200 per cent jump in its profit of Rs 29.99 crore during the third quarter ended December31, 1999 as compared to Rs 9.11 crore in the same period the previous year.According to a TPL press release, the sales also jumped by 35 per cent during the third quarter, bolstered by execution of a large export order from Russia.
The cost control and other steps have also brought about 41 per cent rise in the margins, the release claimed. The Russian export orders have been received against tenders floated by the ministry of health of the Russian federation.
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