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27-Jul-2024

Cipla

OP increased 14.85%


'For quarter ending June 2024, consolidated Net sales (including other operating income) of Cipla has increased 5.77% to Rs 6693.94 crore compared to quarter ended June 2023.  Sales of Phamaceuticals segment has gone up 5.99% to Rs 6,389.30 crore (accounting for 94.75% of total sales).  Sales of New Ventures segment has gone down 0.13% to Rs 353.98 crore (accounting for 5.25% of total sales).  Inter-segment sales came down from Rs 54.04 crore to Rs 49.34 crore.  

Profit before interest, tax and other unallocable items (PBIT) has jumped 17.13% to Rs 1,629.31 crore.  PBIT of Phamaceuticals segment rose 18.01% to Rs 1,630.64 crore (accounting for 100.08% of total PBIT).  PBIT of New Ventures reported loss of Rs 1.33 crore compared to profit of Rs 9.19 crore.  

PBIT margin of Phamaceuticals segment rose from 22.92% to 25.52%.  PBIT margin of New Ventures segment fell from 2.59% to 0.38%. &nbs...



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