Torrent Pharmaceuticals has posted a consolidated net loss of Rs 97 lakh for the fourth quarter ended March 31, 2012.

The company had a net profit of Rs 42.84 crore during the same period of the previous fiscal, Torrent Pharmaceuticals said in a BSE filing.

Net sales rose to Rs 654 crore from Rs 485.70 crore.

For the year ended March 31, 2012, the company reported a net profit of Rs 286.30 crore compared with Rs 270.16 crore in 2010-11 fiscal.

Net sales during the period stood at Rs 2,594.41 crore (Rs 2,114.74 crore).

The company’s board, which met on May 18, has recommended a final dividend of Rs 2.50 per equity share of Rs 5 each.

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