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This is an archive article published on August 10, 2012

Sun Pharma Q1 net up 59

The company had posted a net profit of Rs 501 crore during the same period of previous fiscal.

Drug major Sun Pharma today posted a rise of 58.79 per cent in consolidated net profit at Rs 795.55 crore for the first quarter ended June 30,2012.

The company had posted a net profit of Rs 501 crore during the same period of previous fiscal,Sun Pharmaceutical Industries said in a filing to the BSE.

Net sales of the company rose to Rs 2,658.14 crore for the first quarter ended June 30,2012,compared to Rs 1,635.72 crore during the same period of 2011-12 fiscal.

The company8217;s board,which met today,declared an interim dividend of Rs 4.25 per share of Re 1 each on equity shares of the company for the year ended March 31,2012.

Shares of Sun Pharma were trading at Rs 675.80 on the BSE,down 0.17 per cent from its previous close.

 

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