Cipla Q4 Net at Rs 260.69 cr

Pharma major Cipla today reported a net profit after minority interest and share of profit/loss of the associates to Rs 260.69 crore for the quarter ended March 31, 2014.
The company had posted a net profit of Rs 276.49 crore for the corresponding period of the previous fiscal, Cipla said in a statement.
Consolidated total income of the company stood at Rs 2,519.52 crore for the quarter under consideration as against Rs 1,978.64 crore for the same period year ago.
"Current year figures include the relevant results of Cipla's subsidiaries from the date they became subsidiary of the company and therefore the corresponding figures for the previous period are not comparable," Cipla said.

Consolidated net profit of the company was at Rs 1,388.41 crore for the financial year ended March 31, 2014 . It was Rs 1,544.85 crore for the same period of previous fiscal.
Total income from operations of the company stood at Rs 10,100.39 crore for the fiscal year ended March this year as against Rs 8,279.33 crore for the same period year ago.
Cipla also said it's Board has recommended payment of dividend of Rs 2 per equity share for the year 2013-14.
Shares of Cipla today closed at Rs 372.95 apiece on the BSE, down 1.80 per cent from previous close.