Piramal Life Sciences today posted a net loss of Rs 45 crore for the first quarter ended June 30, 2011.
The company had registered a net loss of Rs 37 crore in the same period last financial year, Piramal Life Sciences said in a filing to the Bombay Stock Exchange (BSE).
Net sales of the company stood at Rs 63 lakh for the first quarter ended June 30, 2011, compared to Rs 40 lakh in the same period last fiscal.
Shares of Piramal Life Sciences were trading at Rs 87.50 on the BSE today, down 0.62% from their previous close.