Cipla had posted its second quarter (July-September) results for FY14 on the 13th of November 2013. Consolidated net revenue of the company increased by 14% to Rs 25,124 million which was Rs 22,158 million last year same quarter. Company’s operating profit declined by 19% mainly on account of increase material cost. Material cost in the second quarter increased by 23% to Rs 8,382 million. |
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