Vivimed Labs' nine months net profit up by 21.5 per cent

Mumbai, Jan 31 (UNI) Specialty chemicals manufacturer, Vivimed Labs Limited, has seen a 28.3 per cent increase in total revenue for the first nine months of the current financial year, at Rs 74.17 crore from Rs 57.83 crore for the corresponding period last year.

Net profit for the same period has seen a rise of 21.3 per cent, at Rs 7.87 crore from Rs 6.49 crore last year, said a company release here today. For the quarter ended December 31, total revenues were at Rs 26.2 crore, up 23.6 per cent year on year from Rs 21.19 crore last year. Net profit also climbed 14.7 per cent year on year, to Rs 2.66 crore from Rs 2.32 crore. The basic and diluted earnings per share (EPS) was Rs 3.66 for the quarter, and Rs 10.84 for the nine months ended December 31.

UNI