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01-Aug-2024

Sun Pharmaceuticals Industries

OP up 8.28%


'For quarter ending June 2024, consolidated Net sales (including other operating income) of Sun Pharmaceuticals Industries has increased 5.96% to Rs 12652.75 crore compared to quarter ended June 2023.  Operating profit margin has jumped from 27.90% to 28.51%, leading to 8.28% rise in operating profit to Rs 3,607.62 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 15.81% to 12.42%.   Purchase of finished goods cost rose from 5.80% to 7.96%.   Employee cost decreased from 20.50% to 19.59%.   Other expenses rose from 29.44% to 31.24%.   

Other income rose 160.49% to Rs 532.55 crore.  PBIDT rose 17.08% to Rs 4140.17 crore.  Provision for interest fell 23.91% to Rs 61.54 crore.  

PBDT rose 18.04% to Rs 4078.63 crore.  Provision for depreciation rose 0.58% to Rs 655.13 crore.  

Profit before tax grew 22.09% to Rs 3,423.50 c...



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