Astrazeneca Q3 net profit loss at Rs 18 cr

Comments print
PTI: New Delhi, Feb 06 2013, 22:28 IST
Astrazeneca Pharma today posted a net loss of Rs 17.69 crore for its third quarter ended December 31, 2012.

It had posted net profit of Rs 14.93 crore for the corresponding period of the previous fiscal.

Net sales of the company also declined to Rs 104.91 crore for the third quarter, as against Rs 153.48 crore for the same period of 2011-12 fiscal, Astrazeneca Pharma said in a statement.

The company said its factory experienced a further interruption in production in January this year, which is under the process of remediation.

"As a result of these interruptions, revenues and the financial results for the current quarter and nine months period ended December 31, 2012 are lower compared to the prior year," it added.

For the nine months ended December 31, the company posted a net loss of Rs 70.95 crore. It had posted a net profit of Rs 52.76 crore during the same period of 2011-12 fiscal. Astrazeneca scrip closed at Rs 1,323.65 on the BSE, down 0.20 per cent from the previous close.

Ads by Google
   
Previous Story  Indian, Chinese visitors to Australia triple in past decade Next Story  NTPC shares fall over 2 pc ahead of stake sale
Reader's Comments| Post a Comment

Be the first to comment.

Post your Comment

Your email address will not be published. Required fields are marked *

Name *
Email *
Message *
 
captcha
please enter the above characters in the box below