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US decline hits Sun in fourth quarter
08 June 2009
Anju Ghangurde

aghangurde@yahoo.com

Sun Pharmaceutical Industries has reported a 10% decline in sales to Rs11.34 billion ($240.6 million) for the fourth quarter ended March 31st, hit by a decline in its US business. Net profits fell by 45% to Rs3.94 billion.

Sun's US subsidiary, Caraco Pharmaceutical Industries, which is facing...



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