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Q1 results: Sun Pharma in the black, posts Rs 1,444-crore profit

Revenue from operations in the first quarter rose 29 per cent year-on-year and 14 per cent on a sequential basis to Rs 9,669 crore

Sun Pharma
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All the main areas reported growth, except the active pharmaceutical ingredients segment, which saw a 7 per cent decline in sales.

Aneesh Phadnis Mumbai
Strong growth in domestic and US markets helped India’s largest drugmaker Sun Pharmaceutical Industries report a net profit of Rs 1,444 crore in the first quarter of this financial year.
 
In the same period a year ago, the company had posted a net loss of Rs 1,655 crore owing to a drop in revenue and exceptional expenses.
 
Revenue from operations in the first quarter rose 29 per cent year-on-year and 14 per cent on a sequential basis to Rs 9,669 crore. Domestic business, which accounted for 34 per cent of the total turnover, rose 39 per cent and