Business News›Markets›Stocks›News›Cipla Q3 Results: Profit rises 10% YoY to Rs 801 cr, misses estimates; revenue up 6%
Cipla Q3 Results: Profit rises 10% YoY to Rs 801 cr, misses estimates; revenue up 6%
Cipla on Wednesday reported a 10% year-on-year (YoY) rise in consolidated net profit for the quarter ended December 2022 to Rs 801 crore, but this was lower than the ET Now poll estimate of Rs 880 crore. Consolidated revenue from operations grew a meagre 6% on year to Rs 5,810 crore. It also missed analysts' estimate of Rs 6,100 crore.
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