Cipla Q1 net down 43 pc to Rs 365 cr

Pharma major Cipla today reported 43.19 per cent decline in consolidated net profit to Rs 365.24 crore for the quarter ended June 30.
The group had posted a net profit of Rs 649.22 crore for the corresponding period of the previous fiscal, Cipla said in a filing to BSE.
Consolidated total income from the operations also declined to Rs 3,593.72 crore for the quarter under consideration as against Rs 3,838.45 crore for the same period a year ago.
Shares of Cipla today closed at Rs 516.65 per scrip on BSE, down 1.26 per cent from its previous close.