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This is an archive article published on February 5, 2011

Piramal Life Sciences Dec qtr net down 30 pct

The company had a net loss of Rs 36.76 crore in the quarter ended December 31,2009.

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Piramal Life Sciences,a research and development arm of Piramal Group,today posted a decline in net loss by 30.14 per cent to Rs 25.68 crore in the quarter ended December 31,2010 over the same period last fiscal.

The company had a net loss of Rs 36.76 crore in the quarter ended December 31,2009,Piramal Life Sciences said in a filing to the Bombay Stock Exchange.

During the quarter under review,the company8217;s net sales registered an over 11-fold jump in its net sales to Rs 13.98 crore from Rs 1.22 crore posted in the year-ago period.

 

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