Sun Pharma Advanced Research Company (SPARC) Q2 26/27 earnings summary
Event summary combining transcript, slides, and related documents.
Q2 26/27 earnings summary
2 Nov, 2026Executive summary
Q2 FY27 revenue from operations was ₹3,003 lakh standalone and consolidated; H1 revenue was ₹6,995 lakh, with net losses of ₹2,458 lakh and ₹4,498 lakh, respectively, in Q2.
The Board approved unaudited standalone and consolidated Q2 and H1 results; auditors’ limited reviews found no matters indicating material misstatement.
Financial highlights
Standalone Q2 revenue from operations was ₹3,003 lakh versus ₹786 lakh YoY; total income was ₹5,365 lakh versus ₹787 lakh.
Consolidated Q2 revenue from operations was ₹3,003 lakh versus ₹786 lakh YoY; total income was ₹5,365 lakh versus ₹787 lakh.
Standalone H1 revenue was ₹6,995 lakh versus ₹1,750 lakh YoY; net loss narrowed to ₹4,556 lakh from ₹12,800 lakh.
Consolidated H1 revenue was ₹6,995 lakh versus ₹1,750 lakh YoY; net loss narrowed to ₹4,498 lakh from ₹12,760 lakh.
Segment performance
Pharmaceutical Research and Development was the sole reportable business segment.
Latest events from Sun Pharma Advanced Research Company
- Q1 FY27 saw normalized revenue and a net loss following a major one-time PRV sale in Q4.SPARC
Q1 26/27 - Exceptional PRV income drove a major profit rebound and strengthened equity in FY26.SPARC
Q4 25/26 - Q3 FY26 net loss widened, revenue declined, and a US FDA PRV was granted for Sezaby®.SPARC
Q3 25/26 - Lead programs SCD153 and MUC1 ADC/SBO-154 advance, driven by partnerships and cost savings.SPARC
R&D Day 2026 - Losses narrowed but remain significant; promoter support continues to underpin operations.SPARC
Q2 25/26 - Net loss narrowed in Q1 FY26 as revenue declined and R&D focus continued.SPARC
Q1 25/26 - Prioritizing oncology and immunology assets, pursuing cash catalysts and clinical milestones.SPARC
Status Update - Net loss deepened in Q2 FY25 amid falling revenues and persistent high expenses.SPARC
Q2 24/25 - Net loss persists amid declining revenue, with operations supported by promoter group backing.SPARC
Q1 24/25