Zandu Pharmaceutical Works was incorporated in Mumbai in 1919. The company is engaged in manufacturing drugs and pharmaceuticals preparations. Zandu`s product offering is in the range of ayurvedic and allopathic formulations. The company manufactures a wide range of ayurvedic products, specialising in rheumatology, gynaecology and central nervous system, among others. The company has more than 300 products in the form of ghritas, medical oils, churna, quath, tablets and pills. Some of the company`s brands include Zandu Balm, Zandu Pancharishta, Trisun and Zandu Kesri Jivan. Financials The company announced fall of 81.80% in standalone net profit on y-o-y basis to Rs 1.69 million, while total income fell 33.88% y-o-y basis to Rs 3.66 million for the quarter ended December 2010.