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Cipla's net profit down by Rs.190 crore

Posted on Aug 14 2014 | IANS

Mumbai, Aug 14 : Pharmaceutical firm Cipla Ltd. closed the first quarter of 2014-15 with its consolidated net profit going down by around Rs.190 crore as compared to previous year's corresponding figures.

In a statement filed with the Bombay Stock Exchange (BSE) Thursday, the company said it closed the quarter ended June 30 with a profit of Rs.294.58 crore, down from Rs.485.35 crore posted for the quarter ended June 30, 2013.

However, the company's total income increased from Rs.2,580.1 crore for the quarter ended June 30, 2013 to Rs.2760.39 crore for the quarter ended June 30, 2014.

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