Sun Pharma Q3 beats estimates, profit jumps 28%; revenue up 3.6%

Drug major Sun Pharmaceutical Industries   ' third quarter earnings surpassed analysts' expectations on Friday with profit rising 28 percent sequentially (up 258.3 percent year-on-year) to Rs 1,416.6 crore. Bottomline on sequential basis was boosted by other income, lower tax cost and good operational performance while lower tax expenses and other income supported profitability YoY.

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