Sun Pharma profits up 3.6 times, driven by sales growth

Sun-pharmaSun Pharma profits soared fourfold due to growth in sales and proportionally lower expenses compared to the previous year.

The net profit after tax stood at Rs. 2,033.71 crores as compared to Rs. 555.9 crores the previous year.

Lower material cost and better liquidation of work in progress goods were the major factors for the growth.