Drug major Cipla has announced its first quarter financial results for the current fiscal year.

The company has registered a marginal hike in the PAT figure in the reviewed quarter. Cipla has posted a profit-after-tax of Rs 257.42 crore for the quarter that ended in 30th June, 2010.

For the similar quarter in the previous year, the company had registered a profit-after-tax of Rs 241.71 crore.

Hence there has been a growth of 6.49% in the PAT figure of the company in Q1 of the current year against its corresponding quarter last year. This has been informed by Cipla in a filing at the Bombay Stock Exchange (BSE).

The net sales of the company have gone up Rs 1,427.38 crore during the April-June quarter of fiscal year 2010-11. It was recorded Rs 1,325.26 crore for the same quarter in the preceding year.

The domestic sales of Cipla is at Rs 675.15 crore in June quarter which was found out to be Rs 651.89 crore in the same period of time in the last fiscal year.