Ind Swift Lab Q3 loss narrows to Rs 12 crore

Ind Swift Laboratories today reported narrowing of its net loss to Rs 12.37 crore for the third quarter ended on December 31, 2014.

The company had a net loss of Rs 13.55 crore in the same period previous fiscal, Ind Swift Laboratories informed the BSE.

Ind Swift Laboratories net sales during the October- December period declined by 37.22% to Rs 154.93 crore as against Rs 246.80 crore in the same period last fiscal.

Shares of the company were trading at Rs 29.20 per scrip on the BSE, down 3.63% from its previous close.