Cipla Limited Q2 Results 2023

Read this story to learn about Q2- highlights, performance, earnings, dividend updates, market performance, etc.,

Highlights of the Result

· The revenue from operations stood at ₹6,678.15 Cr · The company registered a Net profit of ₹1,155.37 Cr for Q2 FY’24 · The company’s EBITDA stood at ₹1,734 Cr, up 33.1% YoY

Performance Highlights

· The revenue from operations grew 14.6% YoY · Profit after tax (PAT) saw an increment of 43% YoY · Cipla’s total income surged 15% YoY to ₹6,854.47 Cr, grew by 15% YoY

Company’s Expenses

Subsequently, for the quarter under review, the company reported a total expense of ₹5,260.24 Cr, on the level of Consolidated Financial Figures (QoQ)

North American Sales

The company’s North American sales stood at US $229 million during Q2 FY 2023-24 with a 28% YoY growth, as per an exchange filing.

Source: Cipla Limited – Q2 Report, BSE