Cipla Q1 Results FY2023, PAT at Rs. 686 crores

Cipla Q1 Results FY2023

by Shreya Anaokar Last Updated: Dec 12, 2022 - 08:35 am 21.5k Views
Listen icon

On 29th July 2022, Cipla announced its quarterly results for the first quarter of FY2023.

Q1FY23 Key Highlights:

- The total income stood at Rs. 5375 crores, with a decline of 2.3%

- EBITDA stood at Rs. 1143 crores with a drop of 15%

- PAT stood at Rs. 686 crores with a decline of 4%


Business Highlights:

- One-India: Sustained momentum in the core portfolio across branded prescription, trade generics, and consumer health over last year; 9% YoY growth adjusted for covid portfolio 

- SAGA: Muted growth in South Africa (SA) private primary sales with recovery expected in Q2; strong secondary demand with SA private outperforming market 

- US business: Reported $155 million in revenue and 10% YoY growth; steady momentum in core formulation business led by contribution from respiratory and peptide assets

- R&D investments stand at Rs. 274 crores or 5.1% of sales; with a growth 4% YoY driven by ongoing clinical trials on a respiratory asset and other developmental efforts 

Commenting on the results, Umang Vohra, MD and Global CEO, Cipla Ltd said: “I am pleased to see the sustained momentum across our key segments with strong secondary growth across geographies. The core portfolio momentum in One-India business continues to be robust driven by strong demand levers. Our US run rate continues to witness consistent traction in respiratory, complex generics and peptide portfolio. We are closely tracking upcoming complex launches in H2FY23. Our reported operating profitability of 21.3% is well within our full year guidance of 21-22% range and has grown double digit vs last year base EBITDA despite multiple cost headwinds. Our cost rigor and calibrated pricing actions have helped offset inflationary cost elements, and insulate margins while maintaining high serviceability.”


Share Market Today

How do you rate this article?

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage


About the Author

Shreya Anaokar is a Content Writer at 5paisa. She has completed her Master’s in Finance and Graduation in Statistics from the University of Mumbai. 


Investment/Trading is subject to market risk, past performance doesn’t guarantee future performance. The risk of trading/investment loss in securities markets can be substantial. Also, the above report is compiled from data available on public platforms.
Open Free Demat Account
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest News
Paytm Share Price Surge 5% After Discontinuing Inter Company Pacts with PPBL

At 2.25 pm today, shares of One97 Communications the parent company of the renowned Paytm brand surged by 5% reaching ₹423.45.

NTPC Enters JV Agreement with Maharashtra State Power Generation

NTPC Green Energy Limited, a subsidiary of NTPC Limited, has partnered with Maharashtra State Power Generation Company Limited (MAHAGENCO) to lead the development of renewable energy parks in Maharashtra.

Happiest Minds Partners with Secureworks for Advanced XDR Services

Happiest Minds Technologies has recently announced its collaboration with the Secureworks Global MSSP Partner program to address the escalating need for Extended Detection and Response (XDR) services worldwide.