AstraZeneca Pharma surges on strong Q4 results

MUMBAI: Shares of AstraZeneca Pharma surged as much as 18.39 per cent in intraday trade on Thursday on the back of strong results for the quarter ended March 2015.

The company's net profit grew to Rs 38.12 in Jan-March quarter 31, 2015. It had reported a net loss of Rs 2.56 lakh during the same period of the previous fiscal year.

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.

The company said results of the quarter were not comparable as there were some assets sales involved.