Net Loss of Solara Active Pharma Sciences reported to Rs 13.46 crore in the quarter ended June 2024 as against net loss of Rs 19.55 crore during the previous quarter ended June 2023. Sales rose 3.17% to Rs 363.49 crore in the quarter ended June 2024 as against Rs 352.31 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales363.49352.31 3 OPM %11.535.43 - PBDT11.61-3.45 LP PBT-13.46-29.36 54 NP-13.46-19.55 31 Powered by Capital Market - Live News

Solara Active Pharma Sciences will hold a meeting of the Board of Directors of the Company on 22 July 2024.Powered by Capital Market - Live News

Solara Active Pharma Sciences announced the closure of its rights issue. The issue opened on 28 May 2024 and closed on 11 June 2024 for issue of 1,19,98,755 equity shares for raising Rs 449.95 crore, at an issue price of Rs 375 per equity share. The Issue was oversubscribed by ~1.44 times. Powered by Capital Market - Live News

Net loss of Solara Active Pharma Sciences reported to Rs 255.34 crore in the quarter ended March 2024 as against net profit of Rs 3.77 crore during the previous quarter ended March 2023. Sales declined 21.33% to Rs 299.43 crore in the quarter ended March 2024 as against Rs 380.62 crore during the previous quarter ended March 2023.For the full year,net loss reported to Rs 567.39 crore in the year ended March 2024 as against net loss of Rs 22.17 crore during the previous year ended March 2023. Sales declined 10.73% to Rs 1288.92 crore in the year ended March 2024 as against Rs 1443.81 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales299.43380.62 -21 1288.921443.81 -11 OPM %3.2612.81 --7.389.27 - PBDT-19.2331.49 PL -194.9266.38 PL PBT-44.485.04 PL -298.25-44.81 -566 NP-255.343.77 PL -567.39-22.17 -2459 Powered by Capital Market - Live News

Solara Active Pharma Sciences will hold a meeting of the Board of Directors of the Company on 29 May 2024Powered by Capital Market - Live News