Cipla Q4 PAT dips 12% to Rs 362 cr owing to Covid inventory impact

For the full fiscal, Cipla has posted a 4.7% jump in net profit to Rs 2,517 crore, revenue and Ebitda rose 13.6% and 6.4% respectively

Mumbai-based Cipla posted a 12.4 per cent dip in net profit for the fourth quarter of the fiscal 2021-22 to Rs 362 crore due to impact of impairments. The revenue for the quarter grew 14.2 percent to Rs 5260 crore, and the Ebitda dipped 4.2 percent to Rs 763 crore.

For the full fiscal Cipla has posted a 4.7 per cent jump in net profits to Rs 2,517 crore, while its revenue and Ebitda rose 13.6 per cent and 6.4 percent respectively to Rs 21,763 crore and Rs 4,578 crore.

If one excludes impact of one-time Covid-19 inventory and other