CIPLA — Cipla's Q1 net profit plunges 39% YoY to ₹785.55 crore amid margin pressure

Pharmaceutical firm Cipla has reported a 39% year-on-year drop in its consolidated net profit for the first quarter, which stood at ₹785.55 crore. The sharp decline in profitability points to significant margin pressures and challenges faced by the company during the period.