Cipla Q2 FY27 profit falls 35% to Rs 878 crore; revenue down 2%
FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM
Cipla reported a 35% drop in consolidated net profit for Q2FY27, which stood at Rs 878 crore. The company also experienced a 2.4% year-on-year decline in revenue from operations, totaling Rs 7,404 crore. Additionally, a significant 26.7% decrease in EBITDA resulted in a lower…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishSharp drop in profit and margins at an Indian pharma group, relevant for its stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Consolidated net profit for Q2 FY27 fell 35% to Rs 878 crore.
- 02Revenue from operations declined 2.4% year on year to Rs 7,404 crore.
- 03EBITDA dropped 26.7%, leaving a margin of 18.7%.