Cipla rises despite reporting 10% fall in Q4 consolidated net profit
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Cipla is currently trading at Rs. 932.10, up by 5.85 points or 0.63% from its previous closing of Rs. 926.25 on the BSE.
The scrip opened at Rs. 890.00 and has touched a high and low of Rs. 936.60 and Rs. 890.00 respectively. So far 102025 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1083.15 on 15-Mar-2022 and a 52 week low of Rs. 850.00 on 17-Dec-2021.
Last one week high and low of the scrip stood at Rs. 967.05 and Rs. 890.00 respectively. The current market cap of the company is Rs. 75247.51 crore.
The promoters holding in the company stood at 33.63%, while Institutions and Non-Institutions held 48.64% and 17.73% respectively.
Cipla has reported a rise of 13.50% in its net profit at Rs 476.30 crore for the quarter ended March 31, 2022 as compared to Rs 419.66 crore for the same quarter in the previous year. Total income of the company increased by 21.14% at Rs 3,262.92 crore for Q4FY22 as compared Rs 2,693.53 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 9.92% in its net profit at Rs 370.70 crore for the quarter ended March 31, 2022 as compared to Rs 411.51 crore for the same quarter in the previous year. However, total income of the company increased by 14.10% at Rs 5,324.35 crore for Q4FY22 as compared Rs 4,666.58 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported a rise of 31.53% in its net profit at Rs 2,689.39 crore as compared to Rs 2,044.65 crore for the previous year. Total income of the company increased by 19.30% at Rs 13,758.49 crore for year under review as compared to Rs 11,532.99 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 6.62% in its net profit at Rs 2,546.65 crore as compared to Rs 2,388.51 crore for the previous year. Total income of the company increased by 13.48% at Rs 22,044.25 crore for year under review as compared to Rs 19,425.58 crore for year ended March 31, 2021.
