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Ranbaxy PAT up 53 p.c. at Rs. 790 crore

NEW DELHI: Ranbaxy Laboratories has reported a net profit of Rs. 790.10 crore for the year ended December 31, 2007, a 53 per cent rise over the previous year. Total sales stood at Rs. 6,635.30 crore, a nine per cent growth over last year. “The results for 2007 are as per our expectations. This is on the back of a strong growth in our emerging markets, a significant growth of business in Europe and a strong performance in our U.S. branded business,” company CEO and Managing Director Malvinder Mohan Singh told reporters here.

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