VERIFIEDET Finance·23 Jul 2026neutral

Cipla expects sequential recovery in North America on new product launches despite tariff uncertainty

AI Summary

·Cipla's net profit dropped 39% to ₹789 crore in the June quarter, impacted by its North America business and margin compression.
·The company achieved record revenue of ₹7,119 crore, driven by strong performance in India, Africa, and emerging markets.
·Cipla anticipates a sequential recovery in its North America business, particularly in the US, due to new product launches and Ventolin supplies.