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

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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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