Cipla Q4 earnings decline 0.4%
Source: IRIS | 29 May, 2015, 06.18PM
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Rating: NAN / 5 stars. |
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Cipla announced a decline in consolidated net profit for the quarter ended March 2015. During the quarter, the profit of the company declined 0.40% to Rs 2,596.60 million from Rs 2,606.90 million in the same quarter previous year. Revenues for the quarter rose 22.08% to Rs 30,926.90 million, compared with Rs 25,334 million for the prior year period.
Quarterly Results - Consolidated (Rs in mn) | As at | Mar - 15 | Mar - 14 | %Change | Revenues | 30,926.90 | 25,333.80 | 22.08 | Net Profit | 2,596.60 | 2,606.90 | (0.40) | Diluted EPS | NA | NA | | Shares of the company gained Rs 7.05, or 1.1%, to settle at Rs 650.45. The total volume of shares traded was 326,590 at the BSE (Friday).
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