Aventis Pharma Q1 net up 56.3 pc to Rs 36.9 crore

Mumbai, Apr 27 (UNI) Aventis Pharma Ltd has posted 56.3 per cent rise in net profit to Rs 36.9 crore for the quarter ended March 31, as compared to Rs 23.6 crore for the previous quarter last year.

Announcing the results, the company said its total income (net of excise) went up by 15.2 per cent to Rs 209.1 crore for Q1 FY 06 from Rs 181.5 crore in Q1 FY 05.

UB Holdings recently sold 22.98 lakh shares, representing 9.98 per cent stake in the Indian subsidiary of Germany-based Sanofi-Aventis, to its subsidiary Variegate Trading for Rs 1,854 per share through a block deal on the Bombay Stock Exchange.

UNI SN PP AG1747