Piramal Life Sciences Q2 net loss at Rs 31crore

Piramal Life Sciences Q2 net loss at Rs 31crore

Piramal Life Sciences, leading drug research firm, has informed that it has recorded a net loss of Rs 31.47 crore for the quarter ended September 30, 2009.

As per official sources, the company had registered a net loss of Rs 26.31 crore in the similar period last year.

Company’s net sales figures during the latest three month stood at Rs 2.55 crore.

In a filing to Bombay Stock Exchange (BSE), functionaries of Piramal Life Sciences stated that the company did not offer sales figure for the corresponding quarter in the previous fiscal.

However, Piramal Life Sciences has posted net sales of Rs 2.29 crore for the last year ended March 31, 2009.