Cipla Ltd has reported a consolidated net profit of ₹1,221.84 crore for the fourth quarter ended March 31, 2024, reflecting a strong 30% year-on-year growth from ₹939 crore in Q4 FY23.
The company’s revenue from operations rose 9% year-on-year to ₹6,729.69 crore during the March 2024 quarter, compared to ₹6,163.24 crore in the same period last year. Total income stood at ₹7,019.15 crore versus ₹6,412.57 crore in Q4 FY23.
Key Financial Highlights – Q4 FY24 (YoY):
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Revenue from operations: ₹6,729.69 crore vs ₹6,163.24 crore
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Net profit: ₹1,221.84 crore vs ₹939 crore
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Total income: ₹7,019.15 crore vs ₹6,412.57 crore
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EBITDA (Profit before tax and share of associates): ₹1,504.30 crore vs ₹1,259.26 crore
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Total expenses: ₹5,514.85 crore vs ₹5,153.31 crore
For the full financial year (FY24), Cipla reported a net profit of ₹5,272.52 crore, up from ₹4,121.55 crore in FY23. Annual revenue also increased to ₹27,547.62 crore compared to ₹25,774.09 crore a year earlier.
The company attributed its performance to strong growth in core markets and improved operational efficiencies across segments.
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