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Granules turnover up 31 p.c.

HYDERABAD: Granules India has reported a 31 per cent growth in turnover at Rs. 30.51 crores and a 16 per cent higher net profit at Rs. 1.47 crores for the quarter ended September 30, 2004. For the corresponding period of the previous year, income was Rs. 23.30 crores and net profit Rs. 1.27 crores. According to a release, work on construction of a dedicated block for manufacture of Paracetamol with a capacity of 6,000 tonnes annually had already commenced.

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