Ranbaxy Q1 net profit at Rs 960.58 cr

Ranbaxy Laboratories today said it has reported a consolidated net profit of Rs 960.58 crore for the quarter ended March 31, 2010.

Ranbaxy Laboratories on Tuesday said it has reported a consolidated net profit of Rs 960.58 crore for the quarter ended March 31, 2010.

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The pharmaceutical major had incurred a loss of Rs 767.33 crore in the corresponding quarter a year ago, Ranbaxy Laboratories told reporters here.

The total income of the company during the first quarter soared by 95.70 per cent to Rs 3,086.54 crore from Rs 1,577.15 crore in the same period last fiscal, it added.