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Shasun Pharmaceuticals has posted a net loss of Rs 6.57 crore (consolidated) in the first quarter this year, compared to a net profit of Rs 13.82 crore in the corresponding quarter last year.
Consolidated income dropped 14 per cent to Rs 227 crore (Rs 265 crore).
In standalone results, the company posted a net profit of Rs 2.51 crore (Rs 4 lakh). Total income dipped marginally to Rs 175 crore (Rs 178 crore).
During the quarter, Shasun’s Puducherry units faced a shutdown for 13 days due to labour unrest.
The company share price plunged 9.3 per cent to close at Rs 52.20 on the BSE on Friday.
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