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Cadila Healthcare shares down 5 pc as Q2 net dips

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Press Trust of India New Delhi
Shares of drug firm Cadila Healthcare today fell nearly 5 per cent after the company reported 29 per cent dip in consolidated net profit for the September quarter.

The stock declined by 4.82 per cent to end at Rs 388.05 on BSE. Intra-day, it plunged 8.24 per cent to Rs 374.10.

At NSE, shares of the company went down by 4.81 per cent to close at Rs 388.20.

Cadila Healthcare today reported 29 per cent dip in consolidated net profit to Rs 337.6 crore for the second quarter ended September 30, 2016-17.

Consolidated total income from operations, however, rose to Rs 2,403.5 crore for the quarter under consideration as against Rs 2,394.9 crore for the same period last fiscal.
 

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First Published: Oct 26 2016 | 8:02 PM IST

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