Cipla shares drop over 3% after disappointing Q1 FY27 results
after close1 source ↓written by the desknot a recommendation
- in consolidated net
- 39% decline
- for Q1 FY27
- ₹789 crore
- year-on-year
- 2%
- year-on-year
- ₹7,119 crore
- in share price
- 3.22% drop
Cipla Ltd. reported a 39% decline in consolidated net profit to ₹789 crore for Q1 FY27, falling short of estimates. Revenue rose 2% year-on-year to ₹7,119 crore, but margin pressures and weak market performance led to a 3.22% drop in share price, trading at ₹1,368.90. Investors reacted negatively to the results.
Not investment advice. For informational purposes only.