Sun Pharma Q3 profit slides 75%, misses estimates

NEW DELHI: The nation's biggest drugmaker Sun Pharmaceutical Industries Ltd reported on Wednesday a 75 in keeping with cent drop in web benefit in the quarter finishing December 31, well underneath analysts' estimates.

Net benefit fell to Rs 365 crore ($57 million) in the company's 3rd quarter from Rs 1472 crore a yr previous, the corporate stated.


That when put next with the Rs 912 crore moderate benefit estimate of 17 analysts, Thomson Reuters knowledge showed.


Total earnings from operations fell 16 in keeping with cent to Rs 6,653 crore.
Sun Pharma Q3 profit slides 75%, misses estimates Sun Pharma Q3 profit slides 75%, misses estimates Reviewed by kailash soni on February 15, 2018 Rating: 5
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