Cipla Q1 net up 42.30 pc

New Delhi, July 20 (UNI) Leading pharma company Cipla Ltd today said its net profit shot up by 42.30 per cent at Rs 119.76 crore for the quarter ended June 30, 2007 compared to Rs 170.43 crore for the same period a year ago.

Its total income also increased by 4.34 per cent at Rs 920.37 crore for Q1 FY07 against Rs 882.05 crore during the same quarter last fiscal.

Cipla Ltd has recommended a dividend of Rs two per equity share (face value Rs 2) for the year 2006-2007 amounting to Rs 155.46 crore, it said in a statement.

UNI