Jubilant Life Sciences Q1net falls 93% to Rs 5 crore

Our Bureau Updated - March 12, 2018 at 08:56 PM.

Jubilant Life Sciences on Monday reported a net profit of Rs 5 crore for the first quarter ended June 30, 2012. The net profit declined by 93.50 per cent as compared to Rs 77.12 crore in the corresponding period last year.

The net profit was shown after accounting for unrealised mark-to-market forex loss on loans of Rs 104 crore.

However, the company’s income from operations was up 30.52 per cent at Rs 1,240 crore as compared to Rs 950 crore in the same period last year.

On the NSE, the stock closed today at Rs 171.50, up by Rs 1.30 over yesterday's closing price.

>ronendrasingh.s@thehindu.co.in

Published on July 23, 2012 12:03