iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Sun Pharma's Q2 PAT rises by 10.5% YoY to Rs 2,262 crore

2 Nov 2022 , 11:03 AM

Sun Pharmaceutical Industries, with its headquarters in Mumbai, reported an increase in net profit of 10.5% year over year (YoY) during the second quarter of the current fiscal year, supported by a 13.1% increase in gross sales. Gross sales for the quarter totaled Rs10,809.2 crore, an increase of 13.1% over Q2 last year. The net profit for the quarter was Rs2262.2 crore, an increase of 10.5% YoY, influenced by reduced other income.
On tuesday at 3:00 p.m, Sun Pharma shares were up 1.68 % on the BSE, trading for Rs1,033 per share. Sales of US formulations totaled $412 million, an increase of 14.1% over Q2 of the previous year. The global specialty sales surpassed $200 million, increasing by 27.5% over Q2 of the previous year. The business said that clinic traffic in the US has returned to pre-Covid levels. The generic business is still under pricing pressure, though.

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • BSE
  • India
  • news
  • NSE
  • pharmaceuticals
  • Pharmacy
  • stocks
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.