Asia
Indoco Remedies Narrows Consolidated Loss in Fiscal Q4; Shares Jump 14%
Indoco Remedies (NSE:INDOCO, BOM:532612) consolidated attributable loss narrowed to 216.4 million Indian rupees in the fiscal fourth quarter ended March 31, from a loss of 403.9 million rupees a year ago.Loss per share came in at 2.56 rupees from a loss per share of 4.48 rupees a year earlier, the pharmaceutical company said in a filing to the Indian stock exchanges on Thursday.Revenue from operations in fiscal Q4 increased to 4.56 billion rupees from 3.84 billion rupees a year ago.The company's shares jumped over 14% in recent trade.
BOM:532612NSE:INDOCO
