Panacea Biotech Q1 net loss at Rs 61 cr
Company reported net loss of Rs 65.97 crore in the April-June quarter of the last fiscal
 "Panacea Biotech Q1 net loss at Rs 61 cr")
The company had reported net loss of Rs 65.97 crore in the April-June quarter of the last fiscal.
Panacea Biotech's net sales in Q1, 2013-14 were at Rs 104.46 crore, an increase of 25.70% as against Rs 83.10 crore in the year-ago period, the company said in BSE filing.
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Revenue from vaccines in Q1 grew over four fold at Rs 28.04 crore, and revenue from formulations was at Rs 81.58 crore down 0.22%.
Overall expenses in the quarter were at Rs 145.72 crore, an increase of 14.43% compared with Rs 127.34 crore in the corresponding period last year.
Panacea Biotech scrip closed at Rs 94.50, up 3%, on the BSE.