Homegrown <a href="https://www.mid-day.com/business/stock-market/article/pharma-stocks-decline-on-us-tariff-on-generic-drug-imports-aurobindo-pharma-down-over-4-per-cent-23641012" target="_blank" rel="none noopener">pharma </a>major Cipla Ltd on Thursday reported a 39 per cent decline in consolidated net profit at Rs 785.55 crore in the first quarter ended June 2026, dragged by a dip in sales in the North American market and higher expenses.
The company had posted a consolidated net profit of Rs 1,291.61 crore in the corresponding period of the preceding fiscal, Cipla Ltd said in a regulatory filing.
Consolidated total revenue from operations in the <a href="https://www.mid-day.com/business/business-news/article/nestle-india-q1fy27-net-profit-jumps-4826-per-cent-to-rs-95868-crore-23641019" target="_blank" rel="none noopener">first quarter of FY27</a> stood at Rs 7,119.28 crore as against Rs 6,957.47 crore in the same period a year ago.
Total expenses in the quarter under review increased to Rs 6,248.25 crore, compared to Rs 5,446.1 crore in Q1 FY26, the company said. ​
Sales in <a href="https://www.mid-day.com/news/india-news/article/air-india-to-operate-36-additional-flights-to-europe-north-america-amid-rising-travel-demand-23621192" target="_blank" rel="none noopener">North America</a> were down 21 per cent at Rs 1,532 crore as compared to Rs 1,933 crore in the year-ago period, Cipla said. ​
One-India business recorded the highest quarterly sales with a growth of 12 per cent at Rs 3,452 crore, compared to Rs 3,070 crore in the same period last fiscal.
Cipla also announced the appointment of Dinesh Jain as its Global Chief Financial Officer from July 24, 2026. ​
Jain, currently Chief of Corporate Finance, will succeed Ashish Adukia, who is transitioning to an internal business leadership role, Cipla said in a separate regulatory filing. ​
Jain is a seasoned finance leader with over three decades of experience in strategic planning and corporate finance, including accounting, taxation, treasury, business finance and corporate governance, among others, the company said.&nbsp;
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Consolidated total revenue from operations during the quarter under review stood at Rs 7,119.28 compared to Rs 6,957.47 crore in the year ago period

Cipla Q1FY27 net profit falls 39 per cent to Rs 785.55 crore

Rupee recovers slightly, rises 22 paise to 96.51 against US dollar

Consolidated total revenue from operations in the first quarter of FY27 stood at Rs 7,119.28 crore as against Rs 6,957.47 crore in the same period a year ago

Cipla Q1FY27 net profit declines 39 per cent to Rs 785.55 crore

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Home / Business / Business News / Article / Cipla Q1FY27 net profit declines 39 per cent to Rs 785.55 crore