Sun Pharma share up 6.6% as Q3 profit rises 109%

Sun Pharmaceuticals net profit rose 109.49 per cent to Rs 345.93 crore in the quarter ended Dec 31, 2007 compared with Rs 165.13 crore in the same quarter of 2006.

MUMBAI: Sun Pharmaceuticals net profit rose 109.49 per cent to Rs 345.93 crore in the quarter ended Dec 31, 2007 compared with Rs 165.13 crore in the same quarter of 2006. Net sales increased 75.61 per cent to Rs 733.91 crore for the October-December quarter against Rs 417.91 crore in same quarter of previous year.

The group's net profit grew 60.10 per cent to Rs 318.35 croe from Rs 198.85 crore a year ago. Net sales increased 48.87 per cent to Rs 803.97 crore against Rs 540.04 crore in the earlier year.

At 13:01 pm, Sun Pharma shares were up 6.58 per cent at Rs 1132.35 on NSE.
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