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Higher tax payout, depreciation lower net profit growth at Duphar Interfran

Feb 1, 2000

Duphar Interfran has demerged its pharmaceutical company from its chemical business. Thus this quarter's results include the results of the pharma business and this could not be proper indicator of the future.

Duphar to de–merge pharma unit

Jan 18, 2000

Duphar Interfran (DIL) is de–merging its pharma business into a separate company. The Indian promoters are ceding control of the new pharma company to Solvay, the $ 8.7 bn Belgian giant. The shareholders of DIL would get two shares in the new company for every one they hold in DIL.

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