Cadila Healthcare tumbles on reporting 29% fall in Q2 consolidated net profit
The company has reported 82.83% fall in its net profit at Rs 109.0 crore for second quarter ended September 30, 2016 as compared to Rs 634.7 crore for the same quarter in the previous year. Total income of the company decreased by 40.49% at Rs 1202.2 crore for Q2FY17 as compared Rs 2020.1 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 28.93% fall in its net profit after taxes, Minority Interest & Share of Rs 337.6 crore for the quarter ended September 30, 2016 as compared to Rs 475.0 crore for the same quarter in the previous year. However, total income of the company increased by 0.51% at Rs 2427.1 crore for quarter under review as compared to Rs 2414.9 crore for the quarter ended September 30, 2015.
