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Ranbaxy Q3 net loss widens to Rs 1,029.72 crore

The company had posted a net loss of Rs 158.94 crore during the October-December period of previous fiscal.

twitter-logoPTI | January 28, 2015 | Updated 15:24 IST
Ranbaxy Q3 net loss widens to Rs 1,029.72 crore
(Photo: Reuters)

Ranbaxy Laboratories, reported a consolidated net loss of Rs 1,029.72 crore for the third quarter ended December 31, 2014-15.

The company had posted a net loss of Rs 158.94 crore during the October-December period of previous fiscal.

Net sales of the company declined to Rs 2,587.59 crore, as compared to Rs 2,858.96 crore during the same period of 2013-14, Ranbaxy Laboratories said in a statement.

Ranbaxy shares were trading at Rs 686.60 a piece, down 2.87 per cent, on the Bombay Stock Exchange (BSE).

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