Cipla announces Q2 FY19 results

Mumbai, November 28, 2018: Cipla Limited (BSE: 500087, NSE: CIPLA) today announced its unaudited consolidated financial results for quarter ended September 30, 2018.

Key highlights of the quarter

• R&D investments at ~INR 316cr / ~8% of sales
• Continued growth momentum: Growth in private market [non-tender] segments
  continues strong across India, the US, South Africa and Emerging Markets
• US business sales trajectory improves with 12% YoY growth driven by contribution from
  new launches. 7 new approvals in the quarter with multiple limited competition assets
  getting launched
• Quality Focus: Inspection at Goa plant concludes with minor procedural observations

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Corporate Comm India(CCI Newswire)