*JB Chemicals & Pharmaceuticals* manufacturers of a wide range of innovative
specialty medicines for the domestic and international markets,
today disclosed a substantial rise in standalone net profit for the quarter
ended December 2008. During the quarter, the profit of the company rose
33.45% to Rs 142.40 million from Rs 106.71 million in the same quarter
previous year.

Net sales for the quarter jumped 60.45% to Rs 2,230.54 million, while total
income for the quarter jumped 51.94% to Rs 2,234.86 million, when compared
with the prior year period.

The company posted earnings of Rs 1.69 a share during the quarter,
registering 33.07% growth over prior year period.


  *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07*
*%Change* *Net Sales* 2,230.54 1,390.17 60.45 *Net Profit* 142.40 106.71
33.45 *Basic EPS* 1.69 1.27 33.07

During the quarter, the operating margin of the company increased by 758.05
basis points to 15.76% compared with the previous year period. Interest cost
decreased 7.30% to Rs 35.55 million while depreciation cost rose 23.64% to
Rs 51.25 million over previous year period.

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