Unichem Laboratories shares surged over 5% on Tuesday, November 11, after the company announced its September quarter results. This comes even after the company reported a net loss of ₹12 crore in the September quarter, compared to a net profit of ₹24.56 crore during the same quarter last year.

During the quarter, Unichem Labs classified an expense of ₹58.26 crore as an exceptional item, which pertained to interest on a fine imposed by the European Commission. Adjusted for the exceptional item, Unichem Labs would have reported a net profit on a consolidated basis, higher than the same quarter last year.

Unichem Labs' revenue rose 14.2% year-on-year to ₹579 crore from ₹507 crore, while its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) grew by 19.2% to ₹66 crore fro

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