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Chennai-based Shasun Pharmaceuticals has reported a 58.8 per cent jump in net profit for the quarter ended December 31 at Rs 13.04 crore against Rs 8.21 crore during the comparable quarter last fiscal. Its top-line grew 20.13 per cent to Rs 325.28 crore during the period.
During the nine months of April-December 2013, the company revenue from sales grew only five per cent to Rs 849.4 crore against Rs 808.4 crore in the comparable quarter last year.
The company's Chairman and Managing Director, S. Abhaya Kumar, had earlier predicted a 30 per cent increase in annual revenue this fiscal to about Rs 1,350 crore.
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