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Nirmal Bang Report
Sun Pharmaceutical Industries Ltd.'s Q2 FY21 revenue at Rs 85,531 million is up 12.8% QoQ and 5.3% YoY given the easing of lockdowns across the world.
The highest ever quarterly revenue in the company's history was driven by growth across geographies with rest of world markets and emerging markets growing the fastest on a QoQ basis.
We expect the revenue performance to sustain in subsequent quarters led by India business revival and ongoing ramp up in specialty portfolio.
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