MUMBAI (Reuters) - Ranbaxy Laboratories
Ranbaxy, majority owned by Japan's Daiichi Sankyo Co<4568.T>, on Wednesday said net loss in October-December was 1.59 billion rupees compared with a loss of 4.92 billion rupees a year earlier.
Net sales rose 7 percent to 28.59 billion rupees, the company said in a statement.
The United States, Ranbaxy's biggest export market, has recently banned the import of drugs from the company's India plants due to quality concerns.
(Reporting by Sumeet Chatterjee; Editing by Christopher Cushing)