Cadila Healthcare Q1 net dips 23% to Rs 356 crore

Shares of the company closed at Rs 347 on BSE, down 0.22% from the previous close

Drug firm Cadila Healthcare on Wednesday reported a 22.59% dip in consolidated net profit to Rs 356.2 crore for the quarter ended June 30.

The company had posted a net profit after taxes, minority interest and share of profit of associates and joint ventures of Rs 460.2 crore for the corresponding period of the previous fiscal, Cadila Healthcare said in a filing to BSE.

Consolidated total income from operations of the company stood at Rs 2,287.1 crore for the quarter under consideration as against Rs 2,382.6 crore for the same period year ago.

Shares of Cadila Healthcare closed at Rs 347 on BSE, down 0.22% from the previous close.