Cipla Q2 Results: Net Profit Jumps 45% to Rs 1,156 Crore, Sales Rise 14.4%
Cipla Q2 Results: Net Profit Jumps 45% to Rs 1,156 Crore, Sales Rise 14.4%
Cipla's consolidated total revenue from the sale of products during July-September 2023 rose 14.41 per cent to Rs 6,589.22 crore

Pharmaceuticals firm Cipla Ltd on Friday posted a 44.9 per cent jump in its consolidated profit after tax (PAT) to Rs 1,155.37 crore in the September 2023 quarter. Its consolidated total revenue from the sale of products during July-September 2023 rose 14.41 per cent to Rs 6,589.22 crore, compared with Rs 5,759.28 crore a year ago.

Cipla had posted a consolidated PAT of Rs 797.41 crore in the corresponding quarter last year, according to a regulatory filing.

Its total expenses in the September quarter were 8.43 per cent higher at Rs 5,260.24 crore as compared to Rs 4,851.13 crore in the corresponding period last fiscal, the company said.

Total income of Cipla in the September quarter was at Rs 6,854.47 crore, up 15.17 per cent. During the quarter, its revenue from pharmaceuticals was at Rs 6,452.54 crore, and from new ventures at Rs 263.77 crore.

Shares of Cipla Ltd were trading at Rs 1,179.70 on BSE on Friday, up 2.57 per cent from the previous close.

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