Wednesday, January 24, 2001
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Nicholas Piramal net rises 19.5% 

Our Corporate Bureau  
Mumbai, Jan 23 : Nicholas Piramal India Ltd has registered a 19.5 per cent increase in net profit to Rs 13.42 crore for the quarter ended December 2000, as compared to Rs 11.23 crore for the corresponding quarter last year. Turnover during the quarter rose 17.58 per cent to Rs 132.50 crore from Rs 112.69 crore in the corresponding quarter.

Formulations, which represent 71 per cent of the total sales, grew by 27 per cent during the period.

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