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SPARC reports net loss of Rs 36.41 core in Q1

01 Aug 2016 Evaluate

Sun Pharma Advanced Research Company (SPARC) reported results for first quarter ended June 30, 2016.

The company has reported a net loss at Rs 36.41 crore for the quarter ended June 30, 2016 as compared to net loss of Rs 1.65 crore for the same quarter in the previous year. The company’s total income decreased by 43.94% to Rs 24.47 crore for the quarter under review from Rs 43.65 crore for the corresponding quarter of the previous year.

Sun Pharma Advanced Research Company is an international pharmaceutical company engaged in research and development of drugs and delivery systems.

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