AUROBINDO PHARMA LTD
Article Abstract:
The net profit of Aurobindo Pharma Ltd, Hyderabad, increased by 87 percent to Rs23.79 crore for 1997-98. It turnover increased by 33 percent. Its export turnover is estimated at Rs93.99 crore. APL has declared a final dividend of 30 percent for 1997-98. The company has paid an interim dividend of 20 percent. The total dividend for 1997-98 works out to 50 percent. The company plans to issue bonus shares in the ratio of 1:1. APL had projected a net profit of Rs13.23 crore and earnings per share of Rs28.01 for 1997-98. (vv) --------------------------------------------------------- Audited Financial Results of Aurobindo Pharma Ltd (Rs in crore) --------------------------------------------------------- Particulars 1997-98 1996-97 --------------------------------------------------------- Sales 295.31 221.70 --------------------------------------------------------- Other income 1.48 0.76 --------------------------------------------------------- Total Expenditure 256.94 195.59 --------------------------------------------------------- Interest 11.87 10.55 --------------------------------------------------------- Gross profit 27.98 16.32 --------------------------------------------------------- Depreciation 2.22 1.70 --------------------------------------------------------- Tax 1.97 1.89 --------------------------------------------------------- Net profit 23.79 12.73 --------------------------------------------------------- Paid up equity share capital 4.73 4.73 --------------------------------------------------------- Earnings per share (Rs) 50.35 NA --------------------------------------------------------- Reserves 64.83 43.56 ---------------------------------------------------------
Comment:
Reports 87% increase in net profits for 1997-98 to Rs23.79 crore and 33% increase in turnover
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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AUROBINDO PHARMA
Article Abstract:
Aurobindo Pharma (AP) has announced a bonus issue in the ratio of one share for every one held in the company. The share capital of the company is likely to increase to Rs9.44 crore from Rs4.72 crore after the bonus issue. It has declared a dividend of 50 percent for 1997-98 against 30 percent for 1996-97. It earned Rs94 crore through its exports in 1997-98. Exports account for 33 percent of AP's sales. (rk)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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AUROBINDO PHARMA LTD: FINANCIAL RESULTS
Article Abstract:
Aurobindo Pharma Ltd of Hyderabad has declared its unaudited financial results in the quarter ended December 31, 1998. (khr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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