Cipla posts 6% rise in Q1 profit at Rs 478 crore, meets Street expectations

Pharma major Cipla on Wednesday reported a 5.97 per cent year-on-year YoY rise in consolidated net profit at Rs 478.19 crore for the quarter ended June 2019 compared with Rs 451.25 crore in the same quarter last year.

Analysts at an ET Now poll had projected the profit of Rs 484 crore.

Revenue for the quarter rose mere 1.26 per cent YoY to Rs 3,894.46 crore compared with Rs 3,845.84 crore in the corresponding quarter last year. ET now poll had estimated sales at Rs 4,469 crore.


Ebitda margin for the quarter at 22.7 per cent was higher than ET Now poll estimate of 20.90 per cent.