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Ranbaxy loss dips to Rs 524 crore

Drug major Ranbaxy Laboratories on Wednesday posted a reduced consolidated net loss of Rs 524.24 crore for the second quarter ended June 30 from Rs 585.72 crore in the year-ago period.

Updated on: Aug 08, 2013 12:06 AM IST
PTI | By , New Delhi
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Drug major Ranbaxy Laboratories on Wednesday posted a reduced consolidated net loss of Rs 524.24 crore for the second quarter ended June 30 from Rs 585.72 crore in the year-ago period.

HT Image
HT Image

Net sales declined to Rs 2,633.20 crore for the second quarter, against Rs 3,204.59 crore in the same period of the previous year.

Shares of Ranbaxy on Wednesday closed at Rs 281.90 per scrip on the BSE, up 4.58% from their previous close.

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