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Cipla Q3 net profit up 15.5 pct

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Reuters MUMBAI
Last Updated : Feb 12 2015 | 6:25 PM IST

MUMBAI (Reuters) - Cipla Ltd, India's fourth-largest drugmaker by sales, on Thursday reported a 15.5 percent rise in its third-quarter profit, slightly lagging analysts' estimates.

Net profit for the December quarter was 3.28 billion rupees ($52.7 million), compared with 2.84 billion rupees a year earlier. Analysts on average expected 3.46 billion rupees. ($1 = 62.2461 Indian rupees)

(Reporting by Zeba Siddiqui in Mumbai; Editing by Anand Basu)

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First Published: Feb 12 2015 | 6:20 PM IST

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