Sun Pharmaceutical Industries on Tuesday reported a net profit of Rs1,387.48crore in the April-June period.
That marked a jump of31.23 per cent compared with its net profit in the corresponding period a year ago.
The drug maker said its revenue from operations stood at Rs8,374.36 crore in the quarter ended June 30, as against Rs 7,224.17 crore in the year-ago period.
Shares in Sun Pharma jumped as much as5.43 per cent after the earnings announcement.At 3:16 pm, Sun Pharma shares traded 3.92 per cent higher at Rs 438.45 apiece on the BSE, outperforming the benchmark Sensex index which was down 1.57 per cent amid a broad-based selloff.Get Breaking news, live coverage, and Latest News from India and around the world on TheIndianSubcontinent.com.
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