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Sun Pharmaceutical Industries reports marginal fall in Q1 consolidated net profit

03 Aug 2023 Evaluate

Sun Pharmaceutical Industries has reported results for first quarter ended June 30, 2023 (Q1FY24). 

The company has reported 62.38% fall in its net profit at Rs 380.64 crore for the quarter under review as compared to Rs 1011.80 crore for the same quarter in the previous year. Total income of the company decreased by 7.07% at Rs 4629.61 crore for Q1FY24 as compared Rs 4981.87 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 1.86% marginal fall in net profit at Rs 2022.54 crore for the first quarter ended June 30, 2023 as compared to Rs 2060.88 crore for the same quarter in the previous year. However, total income of the company increased by 12.83% at Rs 12145.28 crore for Q1FY24 as compared Rs 10763.90 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Sun Pharma. Inds. 1782.00
Dr. Reddys Labs. 1208.00
Cipla 1334.00
Lupin 2010.00
Zydus Lifesciences 1138.50
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