Sun Pharma Advanced posts Q4 net loss of Rs 71.05 cr
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The company reported standalone net loss during the quarter stood at Rs 71.05 crore as compared to net loss of Rs 56.72 crore in the previous year quarter. Net revenue of the company declined moderately by 10.05 per cent at Rs 25.24 crore in January-March quarter of this fiscal as against Rs 28.06 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 16.93 per cent to Rs 91.78 crore from Rs 78.49 crore in year ago period. Other Income dipped by 33.33 per cent at Rs 0.22 crore versus (Mar'21 Rs 0.33 crore). Operating Profit surged by 31.95 per cent to Rs -66.54 crore as against Rs -50.43 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 46.69 per cent in March quarter. Interest declined by 44.78 per cent y-o-y to Rs 2.22 crore
