Cipla Q2 results: Net profit up 17%, income from operations at Rs 7,051 cr

Quick Summary:

Drug major Cipla on Tuesday reported a 17 per cent increase in consolidated net profit to Rs 1,303 crore for the second quarter ended September 2024, driven by robust sales across markets.

"In Q2 FY25, we recorded a revenue growth of 9 per cent over the last year with a highest-ever EBITDA margin of 26.7 per cent driven by mix and other operational efficiencies," Cipla MD and Global CEO Umang Vohra said.

Its total income from operations rose to Rs 7,051 crore in the second quarter compared to Rs 6,490 crore in the year-ago period, Cipla said in a regulatory filing.

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Category: BusinessFinance

Markets: IndiaSouth Africa

Topics: Cipla Q2 revenue Cipla Q2 results Cipla Q2 profit Cipla

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Article Type: News Report

Published On: 2024-10-29 @ 15:50:11 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 368 words

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