Indian drugmaker Cipla misses Q4 profit view on weak US sales

Cipla

13/05/2026 08:12

May 13 (Reuters) - Cipla CIPL.NS, India's third-largest drugmaker by revenue, reported a weaker-than-expected fourth-quarter profit on Wednesday, dragged by weak sales amid stiff competition in its key U.S. market.

The drugmaker's consolidated net profit fell 54.6% year-on-year to 5.55 billion rupees ($58 million) in the quarter ended March 31, missing analysts' average estimate of 7.05 billion rupees, according to data compiled by LSEG.

($1 = 95.6700 Indian rupees)

 (Reporting by Bipasha Dey in Bengaluru; Editing by Mrigank Dhaniwala)

 ((Bipasha.Dey@thomsonreuters.com;))