Suven Life Q4 net up 56 percent at Rs 62.5 crore

New Delhi: Drug firm Suven Life Sciences reported a 56 percent rise in standalone net profit to Rs 62.51 crore for the March quarter.

It had posted a net profit of Rs 40.06 crore for the corresponding period of the previous fiscal, Suven Life Sciences said in a filing to BSE.

Its standalone revenue from operations rose to Rs 213.72 crore for the fourth quarter of 2017-18.

The revenue was Rs 180.14 crore in Q4 of 2016-17. For the entire fiscal ended March this year, the company posted a net profit of Rs 158.42 crore as against Rs 123.47 crore in the previous fiscal.

Suven’s standalone total revenue from operations rose to Rs 625.25 crore for 2017-18. It was Rs 544.47 crore in 2016-17.