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Forex losses hit Ranbaxy

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  • Published On: July 29, 2008
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Ranbaxy's consolidated net profit fell 91% to Rs 22.9 crore for its second quarter ended June from Rs 264 crore a year ago, while net sales rose 12.7 per cent to Rs 1,830 crore. The company also reported a forex loss of about Rs 193 crore against a gain of Rs 201 crore in the same period a year ago.
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