Cipla’s consolidated net profit fell to 8.78 billion rupees in the quarter ended September 30, missing analyst expectations of 9.42 billion rupees. Revenue from operations also fell 2.4% to 74.04 billion rupees. The company saw muted sales in the US market, which remains a key region for its overall business growth.
The company's consolidated net profit fell to 8.78 billion rupees ($92.2 million) in the quarter ended September 30, from 13.51 billion rupees a year ago.
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Analysts, on average, had expected profit to fall to 9.42 billion rupees, according to data compiled by LSEG.
Revenue from operations fell 2.4% to 74.04 billion rupees during the quarter, partly due to a reclassification from April 1, 2026, that now presents certain marketing and promotional expenses as a reduction from revenue rather than under other expenses, with no impact on profit or cash flows.
India and North America together contribute about two-thirds of Cipla's revenue.