Sun Pharma net profit rises 15 percent to Rs 2903 crore in Q3
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New Delhi: Sun Pharmaceutical Industries reported a 15 percent on-year increase in consolidated net profit, reaching Rs 2,903 crore for the December quarter, driven by strong sales across geographies.
In the same period last year, the company had posted a net profit of Rs 2,524 crore.
Total revenue from operations rose to Rs 13,675 crore in the third quarter compared to Rs 12,381 crore in the year-ago period, Sun Pharma said in a regulatory filing.
The company said its board has declared an interim dividend of Rs 10.5 per share for the year FY25 against Rs 8.50 per share interim dividend for the previous year.
According to PTI, Sun Pharma Chairman and Managing Director Dilip Shanghvi said, "Our performance in the quarter showed all-round improvement. Product sales in Global Specialty crossed 1/5th of overall sales,"
"Our market share gain in India has been driven by industry-leading volume growth. Emerging Markets demonstrated strong performance in spite of currency challenges across geographies," he added.
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