Sun Pharmaceutical Industries Ltd.
7.35 (0.46%) Sun Pharma reports 60% fall in Q1 consolidated net profit
Date: 12-08-2015Sun Pharmaceutical Industries has reported results for first quarter ended June 30, 2015.
The company has reported a net loss of Rs 387.10 crore for the quarter ended June 30, 2015 as compared to a net profit of Rs 802.68 crore for the same quarter in the previous year. The company’s total income has decreased by 30.26% to Rs 2021.85 crore for the quarter under review from Rs 2898.99 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported 60.24% fall in its net profit after taxes and Minority Interest at Rs 478.96 crore for the quarter ended June 30, 2015 as compared to Rs 1204.59 crore for the same quarter in the previous year. However, total income of the company has increased by 5.21% at Rs 6862.96 crore for quarter under review as compared to Rs 6523.13 crore for the quarter ended June 30, 2014.