New Delhi, Nov 15 (PTI) Shares of Sun Pharmaceutical

Industries today fell by over 3 per cent after the company

reported a 59.19 per cent decline in consolidated net profit

for the September quarter.

The stock slipped 3.29 per cent to Rs 508.80 on the BSE.

At the NSE, it fell 3.32 per cent to Rs 508.55.

Pharma major Sun Pharmaceutical Industries yesterday

reported a 59.19 per cent drop in consolidated net profit to

Rs 912.12 crore for the September quarter, mainly on account

of degrowth in the US sales.

The company had posted a net profit of Rs 2,235.14 crore

for the corresponding period of the previous fiscal, Sun

Pharma said in a BSE filing.

Consolidated total revenue from operations stood at Rs

6,650.34 crore. It was Rs 8,260.11 crore in the same period of

the previous year.

This is published unedited from the PTI feed.