Cipla reports 44% jump in Q3 consolidated net profit

09 Feb 2017 Evaluate

Cipla has reported results for third quarter ended December 31, 2016.  

The company has reported 50.82% rise in its net profit at Rs 341.23 crore for the quarter under review as compared to Rs 226.25 crore for the same quarter in the previous year. However, total income of the company decreased marginally by 2.25% at Rs 2719.68 crore for the quarter under review as compared Rs 2782.40 crore for the corresponding quarter previous year.       

On the consolidated basis, the company has reported 43.85% rise in its net profit after tax, minority interest and share of profit / (Loss) of associates at Rs 374.83 crore for the quarter ended December 31, 2016, as compared to Rs 260.57 crore for the same quarter in the previous year. Total income of the company increased by 18.09% at Rs 3800.70 crore for the quarter under review as compared Rs 3218.49 crore for the corresponding quarter previous year.

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