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GlaxoSmithKline Pharma posts net loss at Rs 55 crore in Q4

The company's vaccines business was impacted due to low vaccination rates, many of the key brands gained share in a declining market, fuelled by disciplined execution, Sridhar Venkatesh said.
New Delhi: GlaxoSmithKline Pharmaceuticals on Monday reported a Rs 55 crore consolidated net loss from continuing operations for the fourth quarter. The drug firm had reported a net profit of Rs 4 crore for the January-March quarter of the 2020-21 fiscal.Revenue from operations rose to Rs 810 crore for the fourth quarter compared to Rs 744 crore in the year-ago period,...
New Delhi: GlaxoSmithKline Pharmaceuticals on Monday reported a Rs 55 crore consolidated net loss from continuing operations for the fourth quarter. The drug firm had reported a net profit of Rs 4 crore for the January-March quarter of the 2020-21 fiscal.
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Ruchika joined Medical Dialogue as an Desk Editor for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751