Cadila Healthcare third quarter consolidated net profit dips 34.58 per cent to Rs 281.6 crore

Pharmaceutical major Cadila Healthcare on Tuesday reported 34.58 per cent fall in consolidated net profit to Rs 281.6 crore for the third quarter ended December 31, 2016-17.

It had posted net profit of Rs 430.5 crore for the October -December period of 2015-16, Cadila said in a filing to BSE.

The company's consolidated total income from operations also declined to Rs 2,363.8 crore for the quarter under review, as against Rs 2,408.9 crore in the year-ago period.

Cadila Healthcare stock was trading 8.81 per cent down at Rs 342.50 on BSE.