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Sun Pharma Q3 net profit slips 5 per cent to Rs 1,471 crore

Shares of Sun Pharmaceutical Industries were trading at Rs 654.55 per scrip on BSE.

New Delhi: Drug major Sun Pharmaceutical today reported a 4.72 per cent decline in its consolidated net profit to Rs 1,471.82 crore for the third quarter ended December 31, 2016.

The company had posted a net profit after taxes, non-controlling interest and share of profit of associates and joint ventures of Rs 1,544.85 crore for the corresponding period of the previous fiscal, Sun Pharmaceutical Industries said in a filing to BSE.

Consolidated total income from operations, however, rose to Rs 7,912.66 crore for the quarter under review, as against Rs 7122.31 crore in the same period a year ago.

Shares of Sun Pharmaceutical Industries were trading at Rs 654.55 per scrip on BSE, down 0.06 per cent from its previous close.

( Source : PTI )
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