Sun Pharmaceutical's Consolidated Net Profit Declines in Fiscal Q1

MT Newswires Live
07/31

Sun Pharmaceutical Industries' (NSE:SUNPHARMA, BOM:524715) consolidated net profit declined to 22.8 billion Indian rupees in the fiscal first quarter ended June 30, against 28.4 billion rupees a year ago.

Earnings per share contracted to 9.5 rupees compared with 11.8 rupees a year earlier, the pharmaceutical company said in a filing to the Indian stock exchanges on Thursday.

Revenue from operations in fiscal Q1, however, grew to 138.5 billion rupees from 126.5 billion rupees a year ago.

The company's shares were down 1% in recent trade.

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