Cipla Q1 PAT up 41.34% at Rs998.07cr
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New Delhi: Pharmaceuticals firm Cipla Ltd on Wednesday reported a 41.34 per cent rise in consolidated profit after tax at Rs 998.07 crore in the first quarter ended June 30, 2023, driven by good growth across markets, specially India and the US. The company had posted a consolidated profit after tax of Rs 706.14 crore in the same quarter last fiscal, Cipla Ltd said in a regulatory filing. Consolidated total revenue from operations in the quarter under review stood at Rs 6,328.89 crore as against Rs 5,375.19 crore in the year-ago period. Total expenses were higher at Rs 5,090.58 crore as compared to Rs 4,504.06 crore in the corresponding period last fiscal, the company said. Cipla said its India business sales were up 11.6 per cent at Rs 2,772 crore in the first quarter as against Rs 2,483 crore in the year-ago period.
