Sun Pharma Q1 Profit Jumps 27% to Rs 2,895 Crore on Strong India Sales
Sun Pharmaceutical Industries reported a robust 27% year-on-year growth in net profit for the first quarter, reaching Rs 2,895 crore. Total revenue increased by 10.5% to Rs 15,300 crore. The growth was primarily fueled by strong sales in the Indian market and the specialty medicines segment, which compensated for slower performance in the US formulations business. The company also confirmed that its acquisition of Organon is progressing as planned, while highlighting recent approvals for its semaglutide products.
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ITC Q1 Profit Drops 27% Amid High Taxes and West Asia Crisis Impact
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