Cipla slips after Q2 PAT drops 35% YoY
Mumbai, Oct. 27 -- Consolidated revenue from operations declined 2.44% year on year to Rs 7,404 crore from Rs 7,589 crore.
EBITDA fell 26.7% year on year to Rs 1,388 crore from Rs 1,895 crore. The EBITDA margin contracted to 18.7% from 25% a year earlier, although it expanded 200 basis points sequentially.
Profit before tax stood at Rs 1,177 crore in Q2 FY27, down 36.5% year on year from Rs 1,854 crore.
Total expenses increased 5.64% year on year to Rs 6,016 crore from Rs 5,695 crore. Material costs rose 5.44% to Rs 2,634 crore from Rs 2,498 crore, while employee benefits expense increased 12.17% to Rs 1,475 crore from Rs 1,315 crore. Depreciation, impairment and amortisation expense climbed 16.16% to Rs 345 crore from Rs 297 crore.
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