Sun Pharma profit zooms 40% on robust global specialty sales
Business Standard|August 02, 2024
India's largest domestic drug maker Sun Pharmaceutical Industries on Thursday reported a 40 percent year-on-year (Y-o-Y) rise in consolidated net profit for the June quarter of the current financial year (Q1FY25) at ₹2,836 crore, up from ₹2,026 crore reported for the same period last year.
SANKET KOUL
Sun Pharma profit zooms 40% on robust global specialty sales

The company's total revenue from operations stood at 12,653 crore, a 6 per cent Y-o-Y rise from ₹11,941 crore reported in Q1FY24.

However, Sun Pharma stock was down 0.1 per cent in the afternoon trade on BSE. Brokerages had expected the revenue growth at around 8 per cent and profit growth in the range of 27-30 per cent. The results have thus beat Street estimates.

This story is from the August 02, 2024 edition of Business Standard.

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This story is from the August 02, 2024 edition of Business Standard.

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