Pharma major Ranbaxy Labs has reported a net loss of Rs 98 crore in fourth quarter of CY10 as against a profit of Rs 262 crore in same quarter the previous year.
Net sales too declined at Rs 2,107 crore from Rs 2,255 crore on year-on-year basis.
For the year 2010, the company has posted a consolidated net profit of Rs 1,497 crore as against Rs 296 crore and net sales of Rs 8,530 crore versus Rs 7,330 crore.
Source: www.moneycontrol.com
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DENIP Consultants Pvt Ltd
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