Sun Pharma Advanced Research Company swung to a loss for the quarter ended March 2014. During the quarter, the company reported a loss of Rs 25.10 million compared with a profit of Rs 440.40 million in the same quarter last year.
Net sales for the quarter declined 40.74% to Rs 425.70 million, compared with Rs 718.30 million for the prior year period.
Earnings per share stood negative at Rs 0.11 compared with Rs 1.95 in same quarter last year.
Quarterly Results - Standalone (Rs in mn) |
As at | Mar - 14 | Mar - 13 | %Change |
Net Sales | 425.70 | 718.30 | (40.74) |
Net Profit | (25.10) | 440.40 | - |
Basic EPS | (0.11) | 1.95 | - |
Shares of the company declined Rs 9, or 5.28%, to trade at Rs 161.35. The total volume of shares traded was 291,224 at the BSE (12.04 p.m., Monday).