Cipla June Quarter Profit Jumps 21%

Mumbai-based drug maker Cipla on Friday reported a net profit of Rs 577.91 crore for the quarter ended June 30, marking an increase of 20.85 per cent compared to the corresponding period a year ago. In a regulatory filing after market hours, Cipla said its revenue from operations rose to Rs 4,346.1 crore in the April-June period, up 8.95 per cent compared to the year-ago period. The net profit rose despite a 6.11 per cent rise in exp...