Cipla Q3 Shock: Profit Halves, Stock Plummets 3% as Street Expectations Shattered
Share Market
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CNBC Awaaz•23-01-2026, 13:40
Cipla Q3 Shock: Profit Halves, Stock Plummets 3% as Street Expectations Shattered
- •Cipla's Q3 profit halved to Rs 676 crore, significantly missing street estimates of Rs 1,242 crore.
- •Consolidated income of Rs 7,075 crore also fell short of the estimated Rs 7,557 crore.
- •EBITDA plunged to Rs 1,255 crore (vs. Rs 1,696 crore estimate) and margins dropped to 17.7% (vs. 22.4% expectation).
- •The company incurred a one-off loss of Rs 276 crore, further impacting profitability.
- •Foreign Institutional Investors (FIIs) continuously sold off the stock, with their stake decreasing from 26.6% to 23.86%.
Why It Matters: Cipla's Q3 results severely missed expectations, leading to a sharp stock decline and FII withdrawal.
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