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India's Cipla Misses Quarterly Profit View on Muted US Sales

Muted US sales of generic Revlimid and stiff competition cut Cipla’s quarterly profit below estimates, while India revenue rose 12%, analysts said.

  • On Tuesday, India's Cipla reported a 35% decline in consolidated net profit to 8.78 billion rupees for the quarter ended September 30, missing analyst estimates of 9.42 billion rupees.
  • North America revenue fell 19% amid muted sales of generic Revlimid, while India business revenue rose 12%, creating a regional divergence that weighed heavily on overall performance.
  • Operations revenue fell 2.4% to 74.04 billion rupees, partly due to a reclassification of marketing and promotional expenses effective April 1, 2026; the company stated this change did not impact profit.
  • Following the results, Cipla shares fell as much as 2.7% to 1,319 rupees, while the broader NIPHARM index rose 1.9% in the same trading session.
  • The company relies on obesity drug Yurpeak, marketed via a licensing agreement with Eli Lilly, while analysts expect Indian revenue growth to track the broader domestic pharmaceutical market.
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India's Cipla misses second-quarter profit view on muted US sales

·London, United Kingdom
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KSL broke the news in Salt Lake City, United States on Tuesday, October 27, 2026.
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