26/7/2024, 3:20:04 pm

Cipla Q1 Results: Net profit rises 18% to ₹1,178 crore, beats estimates

Cipla Ltd. reported an 18% year-over-year increase in net profit to ₹1,177.64 crore, exceeding the estimated ₹1,086.6 crore. Revenue from operations rose 6% year-over-year to ₹6,693.94 crore, in line with estimates. The company's stock surged 5% on the NSE to ₹1,577.85 following the announcement, driven by the strong financial performance.