'For
the quarter ending June 2023, consolidated Net sales (including other operating income) of Cipla has increased 17.74% to Rs 6328.89 crore compared to quarter ended June 2022. Sales of Phamaceuticals segment has gone up 15.48% to Rs 6,028.48 crore (accounting for 94.45% of total sales). Sales of New Ventures segment has gone up 82.95% to Rs 354.45 crore (accounting for 5.55% of total sales). Inter-segment sales rose Rs 38.94 crore to Rs 54.04 crore. Profit before interest, tax and other unallocable items (PBIT) has jumped 40.17% to Rs 1,390.99 crore. PBIT of Phamaceuticals segment rose 36.81% to Rs 1,381.80 crore (accounting for 99.34% of total PBIT). PBIT of New Ventures reported profit of Rs 9.19 crore compared to loss of Rs 17.62 crore.
PBIT margin of Phamaceuticals segment rose from 19.35% to 22.92%. PBIT margin of New Ventures segment rose from negative 9.09% to 2.59%. ...
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