Drug firm Sanofi India on Wednesday reported a 12.30 per cent increase in net profit at Rs. 57.5 crore for the second quarter that ended on June 30, 2014.
The company had posted a net profit of Rs. 51.2 crore for the corresponding period a year ago.
Net sales rose 18.70 per cent to Rs. 486.7 crore during the quarter under review from Rs. 410 crore a year ago, it said in a filing to the BSE.
Overall expenses stood at Rs. 431.9 crore in the quarter as against Rs. 370.4 crore a year ago.
The company's board, which met on Wednesday, recommended an interim dividend of Rs. 10 per equity share.
Shares in Sanofi India, on Wednesday, ended at Rs. 2939.50 apiece on the BSE, down 1.24 per cent from the previous close.
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