Piramal Life Sciences has posted a net loss of Rs 44.71 crore for the first quarter ended June 30, 2011.

The company had registered a net loss of Rs 36.85 crore in the same period last financial year, Piramal Life Sciences said in a filing to the Bombay Stock Exchange today.

Net sales stood at Rs 63 lakh during the quarter under review compared with 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 per cent from the previous close.

comment COMMENT NOW