Vivimed Labs reports consolidated net loss of Rs 60.84 crore in the March 2020 quarter

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Sales decline 32.25% to Rs 235.82 crore
Net loss of Vivimed Labs reported to Rs 60.84 crore in the quarter ended March 2020 as against net profit of Rs 0.01 crore during the previous quarter ended March 2019. Sales declined 32.25% to Rs 235.82 crore in the quarter ended March 2020 as against Rs 348.08 crore during the previous quarter ended March 2019.For the full year,net loss reported to Rs 109.12 crore in the year ended March 2020 as against net profit of Rs 57.37 crore during the previous year ended March 2019. Sales declined 19.49% to Rs 1058.80 crore in the year ended March 2020 as against Rs 1315.17 crore during the previous year ended March 2019.
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First Published: Jul 27 2020 | 8:02 AM IST