Ganga Pharmaceuticals Limited Reports Audited Earnings Results for Fourth Quarter and Full Year Ended March 31, 2017
May 22, 2017 at 10:54 am
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Ganga Pharmaceuticals Limited reported audited earnings results for fourth quarter and full year ended March 31, 2017. For the quarter, the company reported total income from operations of INR 18.377 million, profit from operations before other income and finance costs and exceptional items of INR 2.076 million, profit from ordinary activities before tax of INR 0.52 million, net profit of INR 0.387 million or INR 0.13 basic and diluted per share compared to the total income from operations of INR 15.478 million, profit from operations before other income and finance costs and exceptional items of INR 1.723 million, profit from ordinary activities before tax of INR 0.072 million, net profit of INR 0.02 million or INR 0.01 basic and diluted per share for the same quarter a year ago.
For the year, the company reported total income from operations of INR 31.673 million, profit from operations before other income and finance costs and exceptional items of INR 4.23 million, profit from ordinary activities before tax of INR 1.058 million, net profit of INR 0.742 million or INR 0.18 basic and diluted per share compared to the total income from operations of INR 27.645 million, profit from operations before other income and finance costs and exceptional items of INR 3.96 million, profit from ordinary activities before tax of INR 0.701 million, net profit of INR 0.487 million or INR 0.12 basic and diluted per share for the previous year.
Ganga Pharmaceuticals Limited is an India-based company, which is engaged in the production of ayurvedic medicines. The Company is also into marketing and distribution of ayurvedic medicines. It offers ayurvedic medicines in various categories, including acidity, antidandruff, antioxidants, blood purifier and skin disorder, constipation, cough and cold, dental care, diarrhea, ear care, female tonic, hair care, hemorrhoids and piles, indigestion, iron tonic, joint pains, kidney stone, liver disorder, rejuvenation tonic, sleep inducers, and herbal cosmetics. Its products include Asuka tablets, Dendroil, Ashwo tablets - tonic for body and mind, Raktaj tablets/syrup - for skin disorders, Nirmalaya (proprietary) - relieves constipation, Khadira tablets (80 mg.) (A.S.S) - relieves cough, Danta Doshahar Manjan - gum and teeth protective, Holetrica capsule - checks diarrhea and corrects digestion, Karnaraj drops (proprietary) - ear drops, Femoherb syrup/tablets, and Mahabhrungraj oil.