Ajanta Pharma Q1 PAT rises 31 pc to Rs 334 cr

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Delhi, Jul 30 (PTI) Ajanta Pharma Ltd on Thursday reported a 31 per cent rise in profit after tax to Rs 334 crore for the first quarter ended June 30.

The company had posted a profit after tax (PAT) of Rs 255 crore in the corresponding period of the last fiscal, Ajanta Pharma said in a regulatory filing.

Its revenue from operations grew 25 per cent to Rs 1,626 crore in the first quarter against Rs 1,303 crore in the year-ago period, it added.

Branded generics revenue in India increased 24 per cent to Rs 509 crore from Rs 409 crore a year ago, the company said.

US generic revenue jumped 57 per cent to Rs 487 crore compared to Rs 310 crore in the year-ago period, it noted. PTI RKL BAL BAL BAL