Business Economy


Sun Pharma Q2FY26 net profit rises 2.5pc to Rs 3,118 cr

Mumbai, Nov 5 (UNI) Sun Pharmaceutical Industries officially announced here on Wednesday that it has reported a consolidated net profit of Rs 3,117.95 crore in the second quarter of FY26, registering a growth of 2.55pc from Rs 3,040.16 crore in the year-ago period.
According to an official statement, the company's total revenue from operations in Q2FY26 increased by almost 9pc to Rs 14,478.31 crore from Rs 13,291.39 crore, on an year-on-year (YoY) basis.
Sun Pharma reported an EBITDA of Rs 4,527.1 crore during the September quarter, recording a 14.9pc YoY growth, with an EBITDA margin of 31.3pc.
Sun Pharmaceutical Industries Managing Director Kirti Ganorkar said, "India, emerging markets and the rest of the world led our growth for the period. US sales of innovative medicines surpassed generics for the first time during the quarter".
During the quarter, four Abbreviated New Drug Applications (ANDAs) were filed, while approval was received for 5 ANDAs. Sun's portfolio includes 57 approved NDAs while 14 NDAs await US FDA approval. One NDA was filed during the quarter, according to the company's official statement.
Formulation sales in India were at Rs 4,734.8 crore, registering a growth of 11pc. India Formulation sales accounted for 32.9pc of total consolidated sales for the quarter. The company launched 9 new products during the quarter and 15 products to date.
Formulation sales in Rest of World (RoW) markets were USD 234 million for Q2FY26, are up by 17.7pc and accounted for 14.2pc of total consolidated sales for the quarter. For the first half, sales were USD 453 million, up by 16.6pc over same period last year.
Emerging Markets formulations sales increased by 10.9pc to USD 325 million for Q2FY26 and accounted for 19.7pc of total consolidated sales. Formulation sales in Rest of World (RoW) markets were USD234 million during the quarter, up by 17.7pc and accounted for 14.2pc of total consolidated sales for the quarter.
Global Innovative Medicines sales were USD 333 million for Q2FY26, up 16.4pc over Q2 last year and accounted for 20.2pc of total consolidated sales for the quarter. For the first half, sales were USD 644 million, up by 16.6pc over the same period last year. During the quarter, Leqselvi was launched in the US for the treatment of severe alopecia areata.
For Q2FY26, external sales of Active Pharmaceutical Ingredients (APIs) were Rs 4,299 million, down by 19.5pc. For the first half, API sales were Rs 9,702 million, a decline of 5.7pc over the same period last year.
UNI BA SAS
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