Cipla Q2 Results: US Sales Meet Expectations, Margins Narrow
Cipla's North America sales were in line with estimates, while margins narrowed from a year earlier. The report says results largely missed analyst expectations across key parameters.
Shares of Cipla Ltd., the Mumbai-based pharmaceutical company, retreated from the day's high on Tuesday, October 27, after its September-quarter results largely missed analyst expectations across key parameters, although North America sales were in line with estimates.Cipla's net profit declined 35…