Cipla posts 24% YoY net profit growth in Q1FY22 led by core therapies, COVID portfolio

Cipla posts 24% YoY net profit growth in Q1FY22 led by core therapies, COVID portfolio India business that includes branded formulations, trade generics and consumer health grew by 68% YoY to Rs 2,710 crore driven by volume growth in core therapies and support from existing and new introduction in covid portfolio through the second wave. In addition, acute and respiratory nebulization recovered well for the company.

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