Sun Pharma Q1 net zooms over 3-fold to Rs 2,034 crore

Company's consolidated total income from operations rose to Rs 8,242.99 crore for the first quarter of the current fiscal

A man carrying a gas cylinder walks out of the research and development centre of Sun Pharmaceutical Industries in Mumbai. Photo: Reuters
A man carrying a gas cylinder walks out of the research and development centre of Sun Pharmaceutical Industries in Mumbai. Photo: Reuters
Press Trust of India New Delhi
Last Updated : Aug 12 2016 | 5:14 PM IST
Sun Pharmaceutical Industries' consolidated net profit zoomed more than 3-fold to Rs 2,033.71 crore for the first quarter ended June 30, 2016-17, on account of robust sales.

It had posted net profit after taxes, minority interest and share of profit of associates and joint ventures of Rs 555.90 crore for the corresponding period of the previous fiscal, Sun Pharma said in a BSE filing.

The company's consolidated total income from operations rose to Rs 8,242.99 crore for the first quarter of the current fiscal, as against Rs 6,761.49 crore for the same period of 2015-16.

Sun Pharma stock closed 0.88% down at Rs 801.80 on BSE.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 12 2016 | 4:06 PM IST

Next Story