India's top drugmaker Sun Pharma's Q3 profit beats estimates on strong local sales
ReutersJan 31, 2025 9:45 AM
HYDERABAD/BENGALURU Jan 31 (Reuters) - Sun Pharmaceutical SUN.NS, India's largest drugmaker by revenue, reported a bigger-than-expected quarterly profit on Friday, aided by strong sales in the domestic market.
The Mumbai-based firm's consolidated net profit rose 15% to 29.03 billion rupees ($335.3 million) in third quarter, beating analysts' average estimate of 28.81 billion rupees, according to data compiled by LSEG.
($1 = 86.5860 Indian rupees)
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