Biopharmaceutical firm Suven Life Sciences reported a 153 per cent increase in net profit for the quarter ended September 30 at Rs 6.48 crore from Rs 2.5 crore in the year-ago period.

During the quarter, its revenues touched Rs 50.3 crore against Rs 48 crore in the corresponding quarter of last fiscal.

The company, which specialises in drug discovery central nervous system disorders, has invested Rs 15.6 crore in the last six months on R&D.