Cipla zooms on reporting 79% rise in Q4 consolidated net profit

13 May 2024 Evaluate

Cipla is currently trading at Rs. 1414.00, up by 74.55 points or 5.57% from its previous closing of Rs. 1339.45 on the BSE.

The scrip opened at Rs. 1373.85 and has touched a high and low of Rs. 1425.65 and Rs. 1370.40 respectively. So far 91470 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1519.00 on 11-Mar-2024 and a 52 week low of Rs. 897.70 on 15-May-2023.

Last one week high and low of the scrip stood at Rs. 1430.80 and Rs. 1317.60 respectively. The current market cap of the company is Rs. 113338.07 crore.

The promoters holding in the company stood at 33.47%, while Institutions and Non-Institutions held 50.17% and 16.36% respectively.

Cipla has reported over 2-fold jump in its net profit at Rs 1,038.40 crore for fourth quarter ended March 31, 2024as compared to Rs 355.49 crore for the same quarter in the previous year. Total income of the company increased by 24.14% at Rs 4,575.27 crore for Q4FY24 as compared Rs 3,685.59 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 78.69% rise in its net profit at Rs 931.87 crore for fourth quarter ended March 31, 2024 as compared to Rs 521.51 crore for the same quarter in the previous year. Total income of the company increased by 9.17% at Rs 6,412.57 crore for Q4FY24 as compared Rs 5,873.93 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported 62.22% rise in net profit at Rs 4,077.25 crore as compared to Rs 2,513.47 crore for the previous year. Total income of the company increased by 19.21% at Rs 17,645.00 crore for year under review as compared to Rs 14,802.13 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 46.62% rise in its net profit at Rs 4,153.72 crore as compared to Rs 2,832.89 crore for the previous year. Total income of the company increased by 14.17% at Rs 26,520.66 crore for year under review as compared to Rs 23,228.57 crore for year ended March 31, 2023.

Cipla Share Price

1451.25 -13.55 (-0.93%)
31-May-2024 16:01 View Price Chart
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