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Sun Pharma Advanced Research Q3FY23 Earnings

(SPARC) Sun Pharma Advanced Research Company Limited conducts pharmaceutical product research and development (R&D).

Financial Results:

After nine consecutive quarters of losses, Sun Pharma Advanced Research Company declared a net profit of Rs. 10.15 crore for the months of October through December, turning a profit once more. Over the same time a year prior, the firm posted a net loss of ₹ 15.8 crore.

In comparison to the same quarter a year prior, the company’s operating revenue more than quadrupled to Rs 131.1 crore.

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