MJ PHARMA RECORDS NET LOSS OF Rs5.46 CR
Article Abstract:
MJ Pharmaceuticals (MJP) has reported a net loss of Rs5.46 crore during the 15 month period ended March 31, 1998 (a net loss of Rs5.2 crore during 1996-97). During this period, its income from operations was around Rs30.95 crore (Rs21.31 crore). MJP plans to reduce its capital to Rs1.5 crore from Rs7.5 crore as a part of its restructuring programme. It proposes to offer its shareholders Rs3 crore worth shares in Sibai Pharmaceuticals, its subsidiary, at the ratio of 1:2. It proposes to write off Rs3 crore against losses. (ag)
Comment:
Reports net loss of Rs5.46 crore during 15 month period ended 3/31/98
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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AUROBINDO PHARMA Q3 TURNOVER UP 60%
Article Abstract:
Aurobindo Pharma has improved its turnover by 60 percent to Rs135.18 crore in the third quarter of 1998-99 against Rs79.82 crore in the third quarter of 1997-98. Its net profit has increased by 105 percent to Rs14.02 crore from Rs6.83 crore. The company claims that its performance is due to higher earnings from exports at Rs53.17 crore in the third quarter of 1998-99 compared to Rs24.26 crore in the third quarter of 1997-98. (khr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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SUVEN PHARMA INCOME UP AT Rs8.02 CRORE
Article Abstract:
Suven Pharmaceuticals Ltd (SPL) has posted a total income of Rs8.02 crore for the third quarter of 1998-99. SPL had posted a total income of Rs7.94 crore in the third quarter of 1997-98. (gs)(vr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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