Orchid Chemicals & Pharmaceuticals dropped 12% and hits monthly low of Rs122.50, after the company’s net profit fell by 66.47% in the March 2012 quarter, So far, over 10.80 lakh shares have traded on the BSE as against the two-week average volume of 3.02 lakh shares.
The net profit of the Orchid Chemicals & Pharmaceuticals declined by 66.47% to Rs20.55 crore in the quarter ended March 2012 as versus Rs61.29 crore during the previous quarter ended March 2011.
The total sales of the company fell by 8.83% to Rs451.92 crore in the quarter ended March 2012 as against Rs495.71 crore during the previous quarter ended March 2011.
For the audited full year, the net profit of the company dropped by 35.35% to Rs103.11 crore in the year ended March 2012 as against Rs159.48 crore during the previous year ended March 2011.
The total sales of the company rose by 6.71% to Rs1701.71 crore in the year ended March 2012 as against Rs1594.68 crore during the previous year ended March 2011.
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The net profit of the Orchid Chemicals & Pharmaceuticals declined by 66.47% to Rs20.55 crore in the quarter ended March 2012 as versus Rs61.29 crore during the previous quarter ended March 2011.
The total sales of the company fell by 8.83% to Rs451.92 crore in the quarter ended March 2012 as against Rs495.71 crore during the previous quarter ended March 2011.
For the audited full year, the net profit of the company dropped by 35.35% to Rs103.11 crore in the year ended March 2012 as against Rs159.48 crore during the previous year ended March 2011.
The total sales of the company rose by 6.71% to Rs1701.71 crore in the year ended March 2012 as against Rs1594.68 crore during the previous year ended March 2011.
....more info