Mumbai, April 29 (IANS) Pharmaceuticals company Sanofi India Ltd on Wednesday said its net profit during January-March 2015 rose by 24.76 percent at Rs.64.5 crore against Rs.51.7 crore for the corresponding timeframe in 2014.

The net sales of the company increased by 9.5 percent to Rs.459.8 crore for the timeperiod under review against Rs.419.9 crore earned during the same period a year ago.

The company expenses stood at Rs.431.9 crore, an increase of 11.34 percent compared to the costs amounting to Rs.387.9 crore in January-March 2014.

It said the sale of a floor at the commercial premises in Mumbai in January 2015 contributed Rs.16.1 crore towards the surge in its revenues.