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Torrent Pharma Q3 Net zooms 3-fold to Rs 483 crore

Torrent Pharma Q3 Net zooms 3-fold to Rs 483 crore

New Delhi: Drug firm Torrent Pharma reported around three-fold jump in consolidated net profit at Rs 483 crore for the December quarter.

The company had posted a net profit of Rs 167 crore in the same quarter of the previous fiscal, Torrent Pharmaceuticals said in a BSE filing.

Company’s consolidated total income rose to Rs 1,539 crore during the quarter under review as against Rs 116.8 crore in the year-ago period, it said.

In a separate filing, the firm said its board has approved an interim dividend of Rs 20 per equity share of Rs 5.

The dividend is expected to be paid/dispatched on February 19, 2016, it added.

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