Sun Pharma posts surprise loss in June-quarter
Sun Pharma posts surprise loss in June-quarter
India`s largest drugmaker Sun Pharmaceutical Industries posted a surprise loss in the first quarter.
Net loss was 4.25 billion rupees ($66.19 million) in the three months ending June, compared with a profit of 20.34 billion rupees a year earlier, the Mumbai-based company said on Friday. http://bit.ly/2uMEuCp
Total revenue from operations fell nearly 25 percent to 62.09 billion rupees. ($1 = 64.2050 Indian rupees)
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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