Ranbaxy swings back into profit in Q2 at Rs 478 cr

Consolidated revenue increases 16% to Rs 3,260 cr

BS Reporter Mumbai
Last Updated : Oct 28 2014 | 1:48 PM IST
Pharma company Ranbaxy Laboratories is back in black at Rs 478 crore for the quarter ended September 2014. The company reported net loss of Rs 454 crore in the same period a year ago.

The consolidated revenue increased 16% to Rs 3,260 crore from Rs 2,802 crore in September 2013.

On Tuesday, the company's stock on BSE was trading almost 5% higher at Rs 626 at 1345 hours.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 28 2014 | 1:46 PM IST

Next Story