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Cipla reports bigger-than-expected 11 percent increase in Q2 profit
Total revenue from operations increased 5 percent to 57.59 billion rupees.
Bengaluru: Indian drugmaker Cipla Ltd reported a bigger-than-expected 11% increase in second-quarter profit on Friday, helped by rising demand for its drugs and inhalers and a boost in its new ventures.The company has been on an acquisition spree in recent months, from buying supplement maker Endura Mass to stake purchases in medical diagnostics firm Achira Labs and health tech...
Bengaluru: Indian drugmaker Cipla Ltd reported a bigger-than-expected 11% increase in second-quarter profit on Friday, helped by rising demand for its drugs and inhalers and a boost in its new ventures.
Read also: Dr Reddy's Labs, Cipla facilities join World Economic Forum Global Lighthouse Network
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