*Taro - Sun Pharma Subsidiary*
(Nirmal Bang Retail Research)
*Result has improved QoQ*
Net Sales came at $139mn vs QoQ $132mn, YoY $140.1mn
Gross Profit came at $76mn vs QoQ $62mn, YoY $73.2mn
Gross Margins came at 54.7% vs QoQ 47%, YoY 52.2%
Operating Income came at $37mn vs QoQ $25.9mn, YoY $36.3mn
Operating Margins came at 26.6% vs QoQ 19.6%, YoY 25.9%
Net Income came at $26.3mn vs QoQ $24.7mn, YoY $32.9mn