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News Topical, Digital Desk : The stock of Cipla, a pharma company included in BSE 100, is witnessing a rise today. The company has presented its quarterly results today. The company's profit, income and EBITDA have all increased compared to last year. The margin has remained flat. Apart from income.
How were the quarterly results?
Cipla's quarterly profit was Rs 1298 crore. A year ago, the company had registered a profit of Rs 1178 crore. That is, there has been an increase of more than 10 percent in profit compared to last year. At the same time, the profit figure has been 7.5 percent higher than the market estimate a profit of Rs 1207 crore was estimated. The company's income has increased from Rs 6694 crore to Rs 6957 crore compared to last year. There has been an increase of about 4 percent in this. However, this figure has been 2 percent below the estimate received in the CNBC Awaaz poll. The estimate was Rs 7106 crore. EBITDA has increased by 3.6 percent to Rs 1778 crore compared to last year. A year ago, EBITDA was at the level of Rs 1716 crore. At the same time, the estimate was Rs 1714 crore, that is, EBITDA has been about 4 percent above the estimate. The company's margins stood at 25.6 percent, which was at the same level last year as well. However, the margins have been better than the estimates; the market had estimated a margin of 24.1 percent.
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