Tuesday, Mar 18 2025 | Time 12:03 Hrs(IST)
Business EconomyPosted at: Jan 28 2025 4:59PM


Cipla Q3 net up 50 pc at Rs 1,571 crore

New Delhi, Jan 28 (UNI) Pharma major Cipla on Tuesday reported 50 per cent jump in net profit at
Rs 1,571 crore year-on-year basis during third quarter (October-December) of current fiscal 2024-25, versus Rs 1,049 crore in the corresponding quarter of last fiscal that is 2023-24.
The income from operations grew 8 per cent year-on-year at Rs 7,073 crore during the reporting quarter as against Rs 6,544 crore in the corresponding period of last financial year, the company said in a regulatory filing with the stock exchanges.
“I am pleased to share that we continue to make considerable progress across our focused markets. In Q3FY25, we delivered growth across all our various geographies, despite of a supply challenge in the U.S. We recorded a revenue growth of 8 per cent over last year with a highest-ever EBITDA margin of 28.1 per cent, driven by mix and other operational efficiencies. Our One-India business grew at a healthy 10 per cent YoY,” Umang Vohra MD and Global CEO, Cipla Ltd
Key therapies in Branded Prescription business continued to outpace the market growth, Trade Generics business growth trajectory is back on track and Anchor brands of Consumer Health Business maintained leadership position. With a positive traction in our differentiated assets, the
US business posted a revenue of USD 226 Mn. In South Africa, we recorded a solid growth of
21% YoY in local currency terms, he added.
Emerging Markets and Europe delivered a substantial revenue growth of 20 per cent YoY on the back of deep market focus strategy. Going ahead, the focus will be on growing our key markets, further building our flagship brands, investing in future pipeline as well as focusing on resolutions on the regulatory front, Vohra added.
UNI SKB BM
Please log in to get detailed story.
Tags: #Cipla Q3 net up 50 pc at Rs 1#571 crore
More News
Sensex zooms over 600 pts

Sensex zooms over 600 pts

18 Mar 2025 | 10:34 AM

Mumbai, Mar 18 (UNI) The BSE Sensex on Tuesday rallied 602 pts at 74,711 in the opening session as buying was seen across the board amid a positive Asian market.

see more..

Torrent Group completes acquiring majority stake in IPL franchise Gujarat Titans

17 Mar 2025 | 10:57 PM

Ahmedabad, Mar 17 (UNI) Torrent Group on Monday said it has completed the acquisition of a 67% majority stake in the Indian Premier League (IPL) franchise Gujarat Titans (Irelia Sports India Private Limited) from Irelia Company Pte Ltd.

see more..

Total exports from India rise 6 24 pc to USD 750 53 billion

17 Mar 2025 | 10:42 PM

New Delhi, March 17 (UNI) India's cumulative exports (merchandise and services) during the April-February period of 2024-25 grew 6.24% year-on-year to USD 750.53 billion as compared to USD 706.43 billion in the corresponding period of the previous financial year, as per official data released on Monday.

see more..

Meghalaya to host 7th Act East Business show from March 25

17 Mar 2025 | 10:16 PM

Shillong, Mar 17 (UNI) Meghalaya is set to host the 7th Act East Business Show to foster stronger economic and trade relations between Bangladesh, Bhutan, India, Nepal (BBIN), and Association of Southeast Asian Nations (ASEAN).

see more..

Chai Kings secures USD 3 mn Series-A Funding from AVT

17 Mar 2025 | 8:56 PM

Chennai, Mar 17 (UNI) Chai Kings, Tamil Nadu’s leading chai retail chain, has successfully raised USD three million (Rs 24 crore) in its Series-A funding round from A.V.Thomas and Co.(AVT), one
of India’s largest packaged tea players.

see more..