Pharmaceutical company Cipla reported a 22 per cent dip in net profit to Rs 214 crore in the fourth quarter of financial year 2010-11 compared to Rs 275 crore in the same period last year. Net sales went up by 23 per cent to Rs 1,627 crore against Rs 1,329 crore on an year-on-year (y-o-y) basis. Domestic sales grew by 15 per cent and exports by more than 28 per cent. Net profit for the year ended March 2011, went down by 10 per cent to Rs 967.12 crore, compared to Rs 1,081.49 crore in the last year.
For the year ended March 2011, net sales stood at Rs 6,172.55 crore, compared to Rs 5,411.68 crore in the previous year, growth of 14 per cent.
For the year ended March 2011, net sales stood at Rs 6,172.55 crore, compared to Rs 5,411.68 crore in the previous year, growth of 14 per cent.
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