August 11, 2017 / 10:22 AM / 7 days ago

India's Sun Pharma posts surprise loss in June-qtr

Aug 11 (Reuters) - India's largest drugmaker Sun Pharmaceutical Industries posted a surprise loss in the first quarter.

Net loss was 4.25 billion rupees ($66.19 million) in the three months ending June, compared with a profit of 20.34 billion rupees a year earlier, the Mumbai-based company said on Friday. bit.ly/2uMEuCp

Total revenue from operations fell nearly 25 percent to 62.09 billion rupees.

$1 = 64.2050 Indian rupees Reporting by Tanvi Mehta in Bengaluru

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