Q1 Results: Stress In Distribution Channels Hurt Cipla’s India Sales
A file photo of a Cipla factory. Cipla Q1 Results 2019-20 showed its profit grew 6 percent year-on-year to Rs 478.20 crore on the back of revenue that rose 1.3 percent to Rs 3,989 crore. (Photographer: Santosh Verma/Bloomberg)

Q1 Results: Stress In Distribution Channels Hurt Cipla’s India Sales

Cipla Ltd.’s sales in India fell as the drugmaker took “conscious measures to realign distributors in trade generics”, according to Managing Director Umang Vohra.“There was stress in the (distribut...
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