BENGALURU, Aug 3 Reuters Sun Pharmaceutical Industries posted a nearly 2 fall in its firstquarter profit on Thursday, hurt by a rise in expenses.

The company39;s consolidated net profit after tax stood at 20.23 billion rupees 244.4 million for the quarter ended June 30, compared with 20.61 billion rupees a year earlier.

Analysts, on average, had expected a profit of 21.38 billion rupees, as per Refinitiv data.

1 82.7825 Indian rupees

Reporting by Rishika Sadam in Hyderabad and Kashish Tandon in Bengaluru; Editing by Nivedita Bhattacharjee

Source Reuters