Net profit of Cipla rose 20.57% to Rs 408.82 crore in the quarter ended June 2017 as against Rs 339.06 crore during the previous quarter ended June 2016. Sales declined 3.48% to Rs 3432.32 crore in the quarter ended June 2017 as against Rs 3556.12 crore during the previous quarter ended June 2016.

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Net profit of Cipla declined 7.05% to Rs 259.01 crore in the quarter ended June 2017 as against Rs 278.65 crore during the previous quarter ended June 2016. Sales declined 3.59% to Rs 2605.16 crore in the quarter ended June 2017 as against Rs 2702.23 crore during the previous quarter ended June 2016.

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The result was announced during market hours today, 11 August 2017.

Meanwhile, the S&P BSE Sensex was down 304.47 points or 0.97% at 31,226.86.

On the BSE, 1.97 lakh shares were traded on the counter so far as against the average daily volumes of 1.55 lakh shares in the past one quarter. The stock had hit a high of Rs 563.15 and a low of Rs 526.30 so far during the day. The stock had hit a 52-week high of Rs 621.90 on 6 February 2017 and a 52-week low of Rs 479 on 26 May 2017.

The stock had outperformed the market over the past one month till 10 August 2017, sliding 0.1% compared with the Sensex's 0.58% fall. The stock had, however, underperformed the market over the past one quarter, sliding 1.94% as against the Sensex's 4.24% rise. The scrip had also underperformed the market over the past one year, advancing 5.13% as against the Sensex's 13.52% rise.

The large-cap company has equity capital of Rs 160.94 crore. Face value per share is Rs 2.

Cipla is a global pharmaceutical company.

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Cipla has allotted 12,112 equity shares of Rs 2 each under ESOS. Consequently, the issued share capital of the Company stands at Rs 161.13 crore comprising of 80,56,88,742 equity shares of face value of Rs 2 each. The paid up and subscribed capital of the Company stands increased to Rs 160.93 crore comprising of 80,46,85,347 equity shares of Rs 2 each.

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