Cipla Ltd.’s revenues slipped 3% to INR35.25bn ($549.5m) in the first quarter ended June impacted by disruption on account of implementation of India’s new Goods and Services Tax (GST) regime, but the firm's US business appears poised for a pick up backed by anticipated niche generic launches. Profit after tax rose 21% to INR4.09bn.
Cipla said it was on target to ramp-up its launch trajectory in the US and indicated that its base business...





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