Cipla reported a mixed performance for the quarter ended 31 December 2025 (Q3 FY26), with revenue remaining largely flat on a year-on-year (YoY) basis, while profitability witnessed a sharp decline compared with the same period last year.
Revenue from operations in Q3 FY26 stood at Rs 7,074.48 crore, marginally higher than Rs 7,072.97 crore in Q3 FY25, reflecting a negligible YoY growth of around 0.02%. Total income for the quarter increased slightly to Rs 7,280.82 crore, compared with Rs 7,294.58 crore a year ago, remaining broadly stable on an annual basis.
Operating performance weakened during the quarter, with EBITDA declining 36.7% YoY to ₹1,255 crore, compared with ₹1,989 crore in Q3 FY25. As a result, EBITDA margin contracted sharply to 17.7% from 28.1% YoY, reflecting higher operating expenses and cost pressures.
Profit before tax (PBT) dropped to ₹893.11 crore, down 53.4% YoY from ₹1,916.09 crore, impacted by an exceptional loss of ₹275.91 crore reported during the quarter.
Net profit after tax fell steeply to ₹674.56 crore in Q3 FY26, compared with ₹1,583.72 crore in Q3 FY25, marking a YoY decline of nearly 57.4%.