AstraZeneca Pharma shares end 14% higher post earnings

For the year ended March 31, the company posted a net loss of Rs 20.83 crore, while it had reported a net loss of Rs 50.89 lakh during the previous year.

Mumbai: Shares of AstraZeneca Pharma India today soared 14 percent after the company reported a net profit of Rs 38.12 crore for the fourth quarter ended March 31, 2015.

The stock zoomed 13.62 percent to close at Rs 974.90 on the BSE. During the day, it jumped 18.39 percent to Rs 1,015.85.

On the NSE, it settled with a gain of 14 percent at Rs 975.70.

The company had posted a net loss of Rs 2.56 lakh during the same period of the previous fiscal.

Net sales stood at Rs 120.80 crore during the quarter, while the same were at Rs 114.14 crore during the same period in the previous fiscal, AstraZeneca Pharma said in a filing to the BSE.

For the year ended March 31, the company posted a net loss of Rs 20.83 crore, while it had reported a net loss of Rs 50.89 lakh during the previous year.

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