Cadila profit at Rs 389 cr; to raise up to Rs 18,500 cr

Cadila profit at Rs 389 cr; to raise up to Rs 18,500 cr

FPJ BureauUpdated: Friday, May 31, 2019, 03:26 PM IST
article-image

New Delhi : Zydus Cadila group firm Cadila Healthcare reported a 10.93 % rise in net profit to Rs 388.7 crore for the March quarter and also received nod from its board to raise up to Rs 18,500 crore through issuance of shares and various other securities.  Consolidated income from operations rose to Rs 2,449.1 crore for the quarter.

For the full fiscal, the net profit rose to Rs 1,522.6 crore as against Rs 1,150.6 crore in the previous fiscal.

RECENT STORIES

Ola Electric Launches Hyperservice Centres With Same-Day Service Guarantee

Ola Electric Launches Hyperservice Centres With Same-Day Service Guarantee

Meesho Share Falls After Strong Debut, Why The Stock Dropped 21% In Three Days & What Lies Ahead?

Meesho Share Falls After Strong Debut, Why The Stock Dropped 21% In Three Days & What Lies Ahead?

India Announces $450 Million Assistance Package For Cyclone-Hit Sri Lanka

India Announces $450 Million Assistance Package For Cyclone-Hit Sri Lanka

India-New Zealand FTA To Boost Opportunities For Indian Professionals In IT, Design, & Engineering

India-New Zealand FTA To Boost Opportunities For Indian Professionals In IT, Design, & Engineering

Mercedes-Benz India Plans Quarterly Price Hikes In 2026 To Counter Rupee Depreciation

Mercedes-Benz India Plans Quarterly Price Hikes In 2026 To Counter Rupee Depreciation