Bal Pharma PBT up by 7.72 pc in H1

Bangalore, Oct 27 (UNI) The city-based Bal Pharma Limited has earned a Profit Before Tax (PBT) of Rs 3.07 crore on a gross turnover of Rs 38.63 crore during the first half year, ending September 30, registering a 7.72 per cent growth over the same period last year.

The company had registered a 6.36 per cent increase in gross turnover compared to the previous year's corresponding period figure of Rs 36.31 crore, according to a release here today.

Commenting on the results, company Managing Director Shailesh Siroya said ''our objective is to continuously globalise the company's business and leverage technology to enhance customer service level and dedicate our products to better healthcare.'' Meanwhile, the company announced the appointment of Mr Amarnath R Hegde as its Chief Operating Officer and Director on the Board.

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