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Sun Pharma beats estimates in Q3 as profit doubles to Rs 1,852.5 crore

The company announced an interim dividend of Rs 5.50 per share.

January 29, 2021 / 02:36 PM IST
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Pharma major Sun Pharma on January 29 said its December quarter net profit doubled to Rs 1,852.5 crore.

The company reported a net profit of Rs 1,852.5 crore in Q3 FY21 against Rs 913.5 crore in the corresponding quarter a year ago.

The profit figures were above market expectations as a CNBC-TV18 poll had estimated the profit at Rs 1,334 crore.

Revenue grew 8.4 percent YoY to Rs 8,837 crore against Rs 8,155 crore in Q3 FY20.