|
At
A Glance
Alembic,
Euroresearch pact
Mumbai:
The pharmaceutical firm Alembic and Italian firm Euroresearch has
entered into a tie-up for introducing the latter’s products
in the Indian market.
According
to the company, the first product that Alembic will launch here
is Gelfix pads, used for faster healing of wounds like bed sores,
diabetic foot ulcers, pressure ulcers etc.
It
is said that Alembic is expecting a sale of Rs 3 crore from in the
first full year of its launch.
Dabur
net profit drops 17 pc to Rs 64 cr
New
Delhi:
Dabur India Ltd has posted a fall of 17.3 per cent in its net profit
which has dropped from Rs 77.92 crore in the financial year 2000
to 01 to Rs 64.44 crore in the year 2001-02.
The
company recorded a virtual flat sales turnover from Rs 1166.47 crore
to Rs 1163.19 crore during the period under review. According to
the company the fall in the sales can be attributed to the pipeline
correction it carried out in the Q4 which affected the primary sales.
Low demand, pressure on disposable incomes and intense competition
in the sector were some other factors responsible for the company’s
low growth according to a press release.
During
the year 2001-02, Dabur recorded a net profit of Rs 68.63 crore
on a sales turnover of Rs 1280.96 crore on a consolidated basis
which included results of Dabur India and its three subsidiaries
viz; Dabur Nepal Pvt Ltd, Dabur India Foods Ltd and Dabur Oncology
Plc, UK. Dabur Nepal Pvt Ltd’s net profit increased by 30.45
per cent to Rs 10.47 crore.
Ipca
net profit up at Rs 6.54 cr
Mumbai:
Ipca Laboratories Ltd has recorded a rise in its net profit at Rs
6.54 crore for the fourth quarter ended March 31, 2002 as compared
to Rs 1.53 for corresponding period last fiscal. The net sales stood
at Rs 110.53 crore for the quarter as against Rs 100.85 crore in
the corresponding period previous fiscal.
The
company has posted a 56 per cent rise in net profit at Rs 32.02
crore for the fiscal year 2001-02 as compared to Rs 20.47 crore
in the previous year. Net sales have risen from Rs 396.07 crore
in 2000-01 to Rs 455.68 crore in 2001-02.
—EPP
News Bureau
|
