Sanofi Q1 net rises to Rs. 51.7 crore

Drug firm Sanofi India has reported a 16.44 per cent increase in its net profit at Rs. 51.7 crore for the first quarter ended March 31, 2014.

The company had posted a net profit of Rs. 44.4 crore during the same period last year.

Net sales of the company went up by 15.7 per cent to Rs. 419.9 crore during the quarter under review as against Rs. 362.9 crore during the same period a year ago, Sanofi India said in a BSE filing.

Overall expenses stood at Rs. 387.9 crore in the quarter as against Rs. 338.4 crore in the corresponding period of the previous year.