Sun Pharma reports rise in net profit by 5 percent to Rs. 2,166 crore yoy in Q3FY22

Earlier, Sun Pharma had paid interim dividend of ₹7 per share for the previous financial year 2021-22.

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According to Refinitiv IBES data, analysts, on average, had expected the company to report a profit of 21.26 billion rupees. (File)

Sun Pharma on Tuesday reported a better-than-expected 5.2% rise in third-quarter profit on Tuesday. According to the company, this growth was driven by higher sales of its specialty drugs.

The company‘s revenue from operations came in at ₹11,241 crore for the period under review. This is an increase of 14% from ₹9,863 crore clocked in the last year period.

The company has reported an EBITDA at ₹3,003.7 crore, with margins at 26.7%.

The company’s board has also declared an interim dividend of ₹7.50 for the financial year ending on 31 March, 2023.

Earlier, Sun Pharma had paid interim dividend of ₹7 per share for the previous financial year 2021-22.

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This article was first uploaded on January thirty-one, twenty twenty-three, at forty-seven minutes past two in the afternoon.
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