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Cipla reports 32 percent increase in net profit to Rs 1056 crore in Q3
Cipla MD and Global CEO Umang Vohra said the company's topline growth for the quarter was 14 per cent year-on-year.
Bengaluru: Drug major Cipla has reported a 32 percent increase in consolidated net profit at Rs 1,056 crore for the December quarter, on the back of robust sales across geographies.The Mumbai-based company had posted a consolidated net profit of Rs 801 crore in the year-ago period, Cipla Ltd said in a statement. Total revenue from operations in the third quarter of the current fiscal rose to...
Bengaluru: Drug major Cipla has reported a 32 percent increase in consolidated net profit at Rs 1,056 crore for the December quarter, on the back of robust sales across geographies.
Cipla Limited is an Indian multinational pharmaceutical and biotechnology company headquartered in Mumbai, India. Khwaja Abdul Hamied founded the Company in 1935 in Mumbai. Cipla has extended its presence to 80+ countries providing over 1,500 products across various therapeutic categories in 50+ dosage forms. The Company is also deepening its presence in the key markets of India, South Africa, the U.S. among other economies of the emerging world.
Original news source: https://www.ptinews.com/story/business/cipla-reports-32-pc-rise-in-net-profit-to-rs-1-056-cr-in-q3/1234439
Ruchika Sharma joined Medical Dialogue as an Desk Editor for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751