Cipla Ltd. (500087) on Wednesday reported lower fourth-quarter profit, primarily impacted by lower revenue and increased expenses.
Profit before tax and share of profit/(loss) from associates fell to INR 707.06 crore from INR 1,504.30 crore in the same quarter last year.
Net profit attributable to owners of the parent company declined to INR 554.64 crore or INR 6.86 per share from INR 1,221.84 crore or INR 15.12 per share a year earlier.
Total expenses increased to INR 5,982.30 crore from INR 5,514.85 crore a year earlier.
Revenue from operations slipped to INR 6,541.20 crore from INR 6,729.69 crore in the prior-year quarter.
Revenue from sale of products declined to INR 6,464.26 crore from INR 6,597.72 crore in the same quarter last year.
Additionally, the company's board recommended a final dividend of INR 13 per share, payable within 30 days of the annual general meeting. The record date for the dividend payment has been fixed as June 5, 2026.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.