Mumbai, India: Cipla Limited (BSE: 500087, NSE : CIPLA) today announced its Unaudited Financial Results for the quarter ended September 30, 2012 (Q2).
Key Financial & Performance Highlights Q2 FY1213 vis-a-vis Q2 FY1112:
- Gross revenues grew by 23.6% to Rs. 2220 cr, up from Rs. 1796 cr in Q2 FY1112
- Operating margins grew by 57.7% to Rs. 677 cr, up from Rs. 429 cr in Q2 FY1112
- Profit after tax grew by 61.8% to Rs. 500 cr during Q2 FY1213, up from Rs. 309 cr (Q2 FY1112)
Profit & Loss Highlights:
- Material cost at 36.3% of Total Sales decreased by 4.2% during Q2 FY1213 as compared to Q2 FY1112.
- Operating margins increased by 57.7% and is at 30.5% of Income from Operations during Q2 FY1213 as
compared to 23.9% during Q2 FY1112. - Profit after tax increased by 61.8% to Rs. 500 cr during Q2 FY1213 as compared to Rs. 309 cr during Q2
FY1112.
Performance Review:
Domestic business:
- Domestic revenues grew by 13.5% to Rs.962 cr during Q2 FY1213, up from Rs. 847 cr during Q2
FY1112. - The growth in domestic revenues was largely on account of growth in anti-asthma, anti-biotics and
cardiovascular therapy segments.
International business:
- Exports of formulations grew by38.2% to Rs. 1039 cr during Q2 FY1213, up from Rs. 752 cr during Q2
FY1112. - Exports of APIs grew by 9.0% to Rs. 174 cr during Q2 FY1213, from Rs. 159 cr during Q2 FY1112.
- The growth in export revenues was primarily due to growth in anti-depressants, anti-ulcerant and anti-asthma segments.
About Cipla:
Cipla laid foundations for the Indian pharmaceutical industry back in 1935 with the vision to make India
self‐reliant in healthcare. Over the years Cipla has emerged as one of the most respected names not just in
India but worldwide. Its state of the art R&D centre has given the country and the world many firsts. This
includes the revolutionary AIDS cocktail for less than a dollar a day. With over 34 manufacturing units
across the country, Cipla manufactures over 2000 products in 65 therapies.
With a turnover of over US $ 1.4 billion, Cipla serves doctors and patients in over 170 countries. It has
earned a name for maintaining one global standard across all its products and services. Cipla continues to
support, improve and save millions of lives with its high‐quality drugs and innovative devices.
(www.cipla.com).
Media Contact:
Finance
Ajay Luharuka
Contact No.: 022 – 23025435
E‐Mail: ajay@cipla.com
Corporate Communications
Antara Mukherjee
Contact No.: 022 – 23025810
E‐Mail: antara.mukherjee@cipla.com
Jaisingh Balakrishnan
Contact No.: 022 ‐ 23025813
E Mail: jaisingh.krishnan@cipla.com
