Indian Stock Market News and Analysis

Result Analysis: Sanjivani Paranteral net up 15.42% in Jun`07 qtr

Sanjivani Paranteral announced steady growth in net profit for the quarter ended June 2007. During the quarter, the profit rose 15.42% to Rs 15.12 million from Rs 13.10 million, in the corresponding quarter last year.

Net sales for the quarter rose 18.23% to Rs 199.03 million, compared with the corresponding quarter, a year ago.

Operating margins improved 12.04% during the quarter, a rise of 138.14 basis points compared with the corresponding quarter last year. Net margins, on the other hand, fell 7.60% from 7.77% for the period in comparison.

The company`s earnings per share (EPS) on a trailing twelve month basis stood at Rs 9.22.

At the closing price of Rs 37.65 on Sep. 25, 2007 at the BSE, the company`s shares were valued at 4.08 times its earnings on a trailing twelve month basis.

As at	June 2007(3)	June 2006(3)	%Change
	Rs million	Rs million
Sales of Products/Services	199.03	168.34	18.23
Other Income	0.00	0.18	-
Total Income

199.03 168.52 18.10 Total Expenses 175.07 150.40 16.40 Stock Adjustments 0.00 0.00   OPBDIT 23.96 17.94 33.56 Operating Margin(%) 12.04 10.66 138.14 bp^* Interest 5.11 3.67 39.24 Depreciation 1.24 1.35 (8.15) ExtraOrdinary Items 0.00 0.00   Prior Period Adjustments 0.00 0.00   Provision for Tax 2.50 0.00   After Tax Profit 15.12 13.10 15.42 Net Margin(%) 7.60 7.77 (17.67) bp^* EPS in reported Period (Rs) 2.56 2.22 15.32