IHS Chemical Week

Chemical Week Magazine :: Pharmaceuticals & Fine Chemicals

Indian Firms Record Extraordinary Growth

12:34 PM MDT | July 30, 2007 | Deepti Ramesh

Leading pharma and fine chemical companies from India have announced record breaking financial results for calendar year 2006. India’s largest pharma company, Ranbaxy Laboratories (Gurgaon), has recorded a doubling of net profit to $117 million in 2006, on sales up 17%, to $1.36 billion. Another top pharma company, Jubilant Organosys (Noida, India), has recorded a doubling of profits to $37 million for the period April-to-Dececember 2006, on net sales up 25%, to $303 million. “We have had an extremely good year with robust sales across markets of...

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