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Sanofi India's net profit surges by 26.4 %, interim dividend of 100%
Our Bureau, Mumbai | Wednesday, July 31, 2013, 15:40 Hrs  [IST]

Sanofi India, a Rs.1,490 crore MNC, has reported satisfactory financial performance during the second quarter ended June 2013 and its net profit moved up by 26.4 per cent to Rs.51.2 crore from Rs.40.5 crore in the corresponding period of last year. Its net sales increased by 9.6 per cent to Rs.410 crore from Rs.374.1 crore. The earnings per share worked out to Rs.22.27 as against Rs.17.61 in the last period. The board of directors has recommended an interim equity dividend of Rs.10 per equity share of Rs.10 each.

For the first six months ended June 2013, Sanofi's net sales improved by 11 per cent to Rs.772.9 crore from Rs.696.6 crore in the similar period of last year. Its net profit surged by 18.5 per cent to Rs.95.6 crore from Rs.80.7 crore.

For full year ended December 2012, the company's net sales reached at Rs.1,494 crore and it earned a net profit of Rs.176.7 crore.

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