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Cipla Q4 net profit at Rs.153 crore

Cipla has reported a net profit of Rs.153.25 crore, for the quarter ended March 31,2018.

The company in the same quarter last year, had reported a loss of Rs.63 crore. Revenue for the quarter increased 3.2% YoY at Rs.3,697.97 crore. Last year’s revenue in the same quarter, was reported at Rs.3,487 crore.

The operating profit margin expanded 100 basis points to 15.1%, from 14.1% in Q4FY17. Further, earning before interest, tax, depreciation and amortization grew 10.2% to Rs.558 crore.

Read EquityPandit’s Technical Analysis of Cipla Outlook for the Week

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