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Cipla reports 27% fall in Q2 consolidated net profit

14 Nov 2013 Evaluate

Cipla has reported results for the second quarter ended September 30, 2013.

The company has reported 24.79% fall in its net profit at Rs 376.03 crore for the quarter as compared to Rs 500.01 crore for the same quarter in the previous year. However, total income of the company has increased by 6.59% at Rs 2411.96 crore for quarter under review as compared to Rs 2262.74 crore for the quarter ended September 30, 2012.

On the consolidated basis, the group has registered a fall of 26.62% in net profit after taxes and minority interest of Rs 358.06 crore as compared to Rs 487.95 crore in the same quarter previous year.  However, total income of the group rose 13.49% to Rs 2588.02 crore for quarter under review as against Rs 2280.35 crore in corresponding quarter previous year.

Peers
Company Name CMP
Sun Pharma. Inds. 1760.00
Dr. Reddys Labs. 1231.85
Cipla 1325.00
Lupin 1955.80
Zydus Lifesciences 1124.30
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