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Cipla's profit plunged 57% due to a U.S. FDA shutdown, pricing pressure, and acquisition costs, missing estimates.
Cipla's net profit fell 57% year-on-year to ₹676 crore in the third quarter of FY26, missing expectations, due to a U.S. FDA-mandated production halt at its Lanreotide facility, pricing pressure, and costs from acquisitions.
North America revenue dropped 22% to ₹1,485 crore, while India’s sales rose 10% on strong performance in chronic disease therapies.
Overall revenue was flat at ₹7,074 crore, EBITDA fell 37%, and shares dropped 4%.
The company expects future product launches to drive recovery.
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Las ganancias de Cipla se desplomaron un 57% debido al cierre de la FDA de los Estados Unidos, la presión de precios y los costos de adquisición, y las estimaciones que faltan.