Pharmacy chain Fontana's profit increased by more than 40 per cent during the third quarter ended March.
Net profit was up 43 per cent closing the three months at $104.6 million
During the same period last year Fontana's post tax profit amounted to $72.9 million. The company's revenues also grew January to March.
Fontana earned $1.52 billion - a 24 per cent increase from $1.22 billion.
Fontana says the relaxing of the covid-19 measures contributed to the increased business.
The company says the increased cost of goods due to inflation and global supply chain challenges impacted during the quarter.