[e-drug] Indian measurements

["Elizabeth Ominde-Ogaja" <lizogaja@hotmail.com>]

E-DRUG: Indian measurements
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Re: Profits and drug companies in India,  E-DRUG March 9
>Riding impressive exports and generics sales growth in key markets, the 
>average net profit of India?s top 15 drug makers jumped more than 100 per 
>cent in the quarter ended December 31, 2006, up from Rs 695 crore in Q3 of 
>the previous year, to Rs 1,420 crore. In comparison, the net sales of these 
>companies grew 30.5 per cent to Rs 6,722 crore, from Rs 5,153 crore.
Dr Gopal Dabade <dabadedr@yahoo.com>

Hi,
Can someone explain to me what a crore is. The figures in this article don't 
make sense to me.

Thanks

Dr. Elizabeth Ominde-Ogaja
Deputy Chief Pharmacist
Ministry of Health
P.O. Box 29725-00202
Nairobi
Kenya
Tel: +254-2717077 Ext. 45041 (off. land)
Cell: +254-722-221774
"Elizabeth Ominde-Ogaja" <lizogaja@hotmail.com>

[Units in the Indian numbering system, widely used both in official and other contexts in Bangladesh, India, Sri Lanka, and Pakistan: One lakh is equal to a hundred thousand. A hundred lakhs make a crore or ten million.  BS, Moderator ]