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Thursday 9 August 2012

Rs 580 crores loss in Ranbaxy


NEW DELHI: Drug firm Ranbaxy Laboratories today announced a consolidated net loss of Rs 580.14 million rupees for the second quarter ended June 30, 2012.

The company had posted a net profit of Rs 245.53 million rupees in the same period last year, Ranbaxy Laboratories, said in a statement to BSE.

The company's net sales totaled Rs 3,174.06 crore during the quarter under review compared to R 2,053.74 crore in the previous year.

Ranbaxy shares were trading at Rs 500.10 on BSE in afternoon trade, up 2.96 percent from its previous close.

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