NEW DELHI: Jubilant Life Sciences on Tuesday posted a 22.48% rise in consolidated net profit at ₹161.60 crore for the quarter ended June, on robust sales in pharmaceuticals. It had a net profit of ₹131.93 crore a year ago. “We have started the FY-17 on a positive note delivering strong performance in pharmaceuticals segment which contributed about 70% of the company’s operating profit,” chairman Shyam S Bhartia and co-chairman and MD Hari S Bhartia said in a statement.

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