Lifeline Drugs & Pharma Limited
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BSE Code:
506113
NSE Code:
Business Profile
Business Profile
Lifeline Drugs & Pharma (LIFELINE), incorporated in 1982, is engaged in the business of trading in pharmaceutical products. Formerly known as Sidhi Holdings & Traders, it got its present name on Mar. 02, 2005.
At present, the company has started trading in pharmaceuticals products. It has planned to manufacture bulk drugs and intermediates for which it has acquired land at the Tarapur industrial area in Maharashtra.
The registered office is located at A-Wing, 401, Mastermind III, Royal Palm, Goregaon (East), Mumbai-400065.
Financials
Lifeline Drugs & Pharma registered a 438.89% growth in net profit to Rs 0.97 million for the quarter ended June 2008 from a profit of Rs 0.18 million for the quarter ended June 2007.
Net sales increased 16.69 times to Rs 151.2 million for the quarter ended June 2008 from Rs 9.06 million for the quarter ended June 2007.
Total income increased 16.69 times to Rs 151.2 million for the quarter ended June 2008 from Rs 9.06 million for the quarter ended June 2007.
Future Plans
The company is expected to set up a greenfield project for manufacturing bulk drugs and intermediates and has acquired 5,375 sq. m. of land at T2, MIDC, Tarapur Industrial Area. It is also planning to acquire manufacturing facilities through acquisition.