Torrent Pharmaceuticals, a leading Ahmedabad-based pharma company has announced that it has recorded a steady growth of 13.40% in its standalone net profit for the quarter ended March 2009.

During the quarter under review, the profit of the company stood at Rs 349 million as against Rs 308 million in the same quarter previous fiscal. Net sales of the company, during quarter went up by 30.80% to Rs 2,895 million, while total income for the quarter surged 24.44% to Rs 2,876 million, when compared with the prior year period.

The company has posted earnings of Rs 4.13 a share during the quarter, registering 13.46% growth over prior year period.

Stock price of Torrent Pharmaceuticals ended on Friday (15, May 2009) at Rs 150, up 0.74% on Bombay Stock Exchange (BSE).

The total volume of shares traded on BSE was 23,692.