Cipla Q3 Results: Net profit rises 10% but fails to keep up with analysts' estimates
Cipla Q3 Results: The drug maker reported a 9.9 per cent year-on-year increase in net profit to Rs 801 crore for the October-December period and revenue growth of six per cent to Rs 5,810.1 crore — both missing analysts' estimates. Cipla shares extended their intraday losses after the earnings announcement.
Cipla reported a set of financial results that fell short of analyst expectations.