Cipla -Q3 FY26 Earnings Call Note-Revenue held steady at INR 7,074 crore (flat year-on-year)
Cipla’s Q3 FY26 earnings reveal steady revenue at INR 7,074 crore, but net profit dropped 57% due to declining US generic sales and increased R&D expenses. While the India segment thrived with 10% growth, management cautioned about lower margin guidance, attributed to US challenges and strategic investments, leading to a negative investor response.

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