Business News›Markets›Stocks›Earnings›Cipla Q1 Results: Profit zooms 45% YoY to Rs 996 crore, beats estimates; revenue up 18%
Cipla Q1 Results: Profit zooms 45% YoY to Rs 996 crore, beats estimates; revenue up 18%
harmaceutical major Cipla reported a 45% year-on-year (YoY) growth in consolidated net profit for the June 2023 quarter to Rs 996 crore. The total revenue from operations grew by nearly 18% to Rs 6,329 crore. EBITDA grew by 31% YoY to Rs 1,494.02 crore. Operating margin expanded a sharp 234 basis points to 23.6%.
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