Sun Pharma Q3 net declines 7% to Rs 1,425 crore

Drug major Sun Pharmaceutical Industries today reported a 6.92% decline in its consolidated net profit at Rs 1,425.07 crore for the third quarter ended December 31, 2014.

The company had posted a net profit of Rs 1,531.09 crore for the corresponding period of the previous fiscal.

Net sales of the company declined to Rs 4,279.54 crore for the quarter under consideration, as against Rs 4,286.59 crore during the same period of previous fiscal, Sun Pharmaceutical Industries said in a filing to BSE.