Name: Latest research reports of Cipla Ltd. authored by KRChoksey and published by - Trendlyne research reports.
Item: Cipla Ltd.
Rating: 5
Author: KRChoksey

Solid growth across core geographies; Expansion in margins due to favorable product mix

Buy: Cipla Ltd.

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KRChoksey

Cipla’s revenue grew by 14.6% YoY and 5.5% QoQ to INR 66,782 Mn for the quarter driven by healthy growth across the core markets of India, North America, and South Africa. India’s branded business grew at 10.0% YoY which was INR 28,170 Mn supported by a chronic portfolio and new launches.