Sparc posts net at Rs 44 cr

MUMBAI, May 15: Sun pharma Advanced Reserch Company (SPARC) registered a profit of Rs 44 crore for the fourth quarter ended March 31,2013 on back of healthy growth in operational income.

The company engaged pharmaceutical research and development had

loss of Rs 21.58 crore in the same quarter last year.

Income from operations surged by 1602 per cent to Rs 71.83 crore

in the quarter ended March 2013 as copared to Rs 4.22 crore during

the previous quarter ended March 2012,  the company said in a  statement.

(UNI)