January 23, 2026 06:34 pm (IST)
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Cipla
Cipla suffered a blow in stock market after Q3 profit decline. Photo: Cipla/Facebook

Mumbai/IBNS: Shares of Cipla Ltd. fell nearly 4 per cent on Friday after the pharmaceutical major reported a sharp sequential decline in earnings for the third quarter of the 2025–26 financial year, media reports said.

Cipla’s net profit dropped 50 per cent quarter-on-quarter to Rs. 675.80 crore for the quarter ended December 31, 2025, compared with Rs. 1,351.17 crore in the previous quarter ended September 30, 2025.

Revenue for the quarter stood at Rs. 7,074.48 crore, down from Rs. 7,589.44 crore in Q2 of the ongoing financial year.

Revenue from operations declined 6.8 per cent on a sequential basis, while total income slipped 7.4 per cent quarter-on-quarter, reflecting pressure on the company’s overall performance during the quarter.

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