Particle.news

Download on the App Store

Sun Pharma Q1 Revenue Climbs 9.4% as One-Off Costs Weigh on Profit

Exceptional US settlement, coupled with a drug trial impairment, has driven a drop in statutory profit against strong volume growth

Sun Pharma tanks 6% on weak Q1; Choice sees 11% upside; here’s target price
Image
Image
Image

Overview

  • Revenue from operations rose 9.4% year-on-year to ₹13,851 crore, driven by 13.9% growth in domestic formulations and a 16.9% jump in global specialty sales.
  • Statutory net profit fell 20% to ₹2,279 crore after a $200 million US antitrust settlement and impairment charges on discontinued trials.
  • Adjusted net profit, excluding exceptional items, increased 5.7% to ₹2,996 crore, underscoring resilient core earnings and margin expansion.
  • Sun Pharma launched its alopecia areata drug Leqselvi in the US and is preparing for the H2 FY26 rollout of its cancer therapy Unloxcyt.
  • Shares slid over 5% on investor caution and brokerages such as Dolat Capital maintained a ‘Reduce’ rating amid valuation, regulatory and margin concerns.