Cipla consolidated quarterly earnings decline 16.46%
Source: IRIS | 12 Feb, 2014, 06.34PM
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Cipla said a sharp drop in consolidated net profit for the quarter ended December 2013. During the quarter, the profit of the company declined 16.46% to Rs 2,843.10 million from Rs 3,403.10 million in the same quarter last year. Net sales for the quarter rose 22.27% to Rs 25,808 million, compared with Rs 21,108 million for the prior year period.
| Quarterly Results - Consolidated (Rs in mn) | | As at | Dec - 13 | Dec - 12 | %Change | | Net Sales | 25,808 | 21,108 | 22.27 | | Net Profit | 2,843.10 | 3,403.10 | (16.46) | | Basic EPS | 3.54 | 4.24 | | Shares of the company gained Rs 0.3, or 0.07%, to settle at Rs 412.80. The total volume of shares traded was 269,489 at the BSE (Wednesday).
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