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Cipla reports 2-fold jump in Q3 consolidated net profit

01 Feb 2021 Evaluate

Cipla has reported results for third quarter ended December 31, 2020.

The company has reported 2-fold jumps in its net profit at Rs 698.93 crore for the quarter under review as compared to net profit at Rs 282.22 crore for the same quarter in the previous year. Total income of the company increased by 27.61% at Rs 3827.67 crore for Q3FY21 as compared Rs 2999.48 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 2-fold jump in its net profit attributed to the shareholders at Rs 748.15 crore for the quarter under review as compared to net profit at Rs 351.03 crore for the same quarter in the previous year. Total income of the company increased by 18.29% at Rs 5255.63 crore for Q3FY21 as compared Rs 4443.13 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Sun Pharma. Inds. 1840.00
Dr. Reddys Labs. 1222.50
Cipla 1388.90
Lupin 2061.85
Zydus Lifesciences 1212.00
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