*Vivimed Labs* engaged in research and manufacturing of active
pharmaceutical ingredients and specialty chemicals announced a phenomenal
rise in standalone net profit for the quarter ended December 2008. During
the quarter, the profit of the company rose 58.59% to Rs 64.77 million from
Rs 40.84 million in the same quarter previous year.

Net sales declined 17.01% to Rs 349 million, while total income for the
quarter fell 17.06% to Rs 349.49 million, when compared with the prior year
period.

The company reported earnings of Rs 6.89 a share during the quarter,
registering 58.76% growth over prior year period.


  *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07*
*%Change* *Net Sales* 349.49 421.10 (17.01) *Net Profit* 64.77 40.84
58.59 *Basic
EPS* 6.89 4.34 58.76

During the quarter, interest cost increased 2.53 times to Rs 32.47 million
while depreciation cost fell 39.83% to Rs 4.94 million over previous year
period.

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