India's Unichem Laboratories slumps as qtrly loss widens

Unichem Laboratories

23/05/2024 08:06

** Shares of Unichem Laboratories  UNLB.NS  down 2.3% at 555
rupees
    ** Stock on track to snap three straight sessions of gains
    ** The pharma co's March-qtr consol loss after tax widens to
1.29 bln rupees ($15.5 mln) from 442.7 mln rupees a year ago
    ** UNLB incurred a one-time expense of 1.26 bln rupees 
    ** Including session's losses, stock up ~37% YTD 




($1 = 83.2410 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))