Cipla Q2 Consolidated Net Profit 8.78 Billion Rupees
Cipla reported Q2 consolidated net profit of 8.78 billion rupees, versus the IBES estimate of 9.42 billion rupees.
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07:55:42 AM UTC
SquawkNews
Cipla NSE:CIPLA, India's third-largest drugmaker by revenue, missed second-quarter profit estimates on Tuesday, as muted sales of generic Revlimid and stiff competition weighed on its US business.The company's consolidated net profit fell to 8.78 billion rupees ($92.2 million) in the quarter ended…