5000872025-10-012025-12-315000872025-12-315000872025-04-012025-12-315000872025-10-012025-12-31in-capmkt:OtherExpenses1Member5000872025-04-012025-12-31in-capmkt:OtherExpenses1Member5000872025-10-012025-12-31in-capmkt:ReportableSegments1Member5000872025-10-012025-12-31in-capmkt:ReportableSegments2Member5000872025-04-012025-12-31in-capmkt:ReportableSegments1Member5000872025-04-012025-12-31in-capmkt:ReportableSegments2Member5000872025-10-012025-12-31in-capmkt:ReportableSegments1Member5000872025-10-012025-12-31in-capmkt:ReportableSegments2Member5000872025-04-012025-12-31in-capmkt:ReportableSegments1Member5000872025-04-012025-12-31in-capmkt:ReportableSegments2Member5000872025-10-012025-12-31in-capmkt:ReportableSegments1Member5000872025-12-31in-capmkt:ReportableSegments1Member5000872025-10-012025-12-31in-capmkt:ReportableSegments2Member5000872025-12-31in-capmkt:ReportableSegments2Member5000872025-10-012025-12-31in-capmkt:ReportableSegments1Member5000872025-12-31in-capmkt:ReportableSegments1Member5000872025-10-012025-12-31in-capmkt:ReportableSegments2Member5000872025-12-31in-capmkt:ReportableSegments2Member5000872025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15000872025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15000872025-10-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss15000872025-04-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares500087CIPLANOTLISTEDINE059A01026CIPLA LIMITEDMain BoardEquity2025-04-012026-03-312026-01-232025-12-23INRCroresQuarterlyThird quarterMulti segment2026-01-2311:00:002026-01-2314:00:00Not applicable2025-10-012025-12-31UnauditedConsolidated707448000002063400000728082000001461960000012486400000-785200000132498000001403000002783500000186236000006111800000011690200000-275910000089311000001608300000577200000218550000006745600000000-31000006742500000204110000087836000006758000000-155000008796500000-12900000161550000028.378.36008.378.361. The above financial results are prepared in accordance with the Indian Accounting Standard prescribed under section 133 of the Companies Act, 2013 and are in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). <BR> <BR> 2. The National Pharmaceutical Pricing Authority (“NPPA”) issued several demand notices to the Company commencing from the year 1998 seeking recovery of alleged overcharge regarding scheduled drugs under the Drugs (Prices Control) Orders-1995 (“DPCO”). <BR> In 1999 and 2000, the Company filed writ petitions before the Hon’ble Bombay High Court (“Bombay HC”) challenging inclusion of certain drugs under DPCO and challenging the demand notices issued by NPPA demanding payment of alleged overcharged amounts. On 31st August, 2001, by way of its common judgment, the Bombay HC decided the writ petitions in favor of the Company, thereby holding that these drugs do not fall within the purview of DPCO and also quashed the demand notices raised by NPPA. The NPPA appealed the order to the Hon’ble Supreme Court (“SC”). <BR> On 1st August, 2003, SC set aside the Bombay HC judgment and remanded the matter to the Bombay HC for being considered afresh by it. Further, the SC stayed recovery of 50% of the alleged overcharged amounts subject to payment of the remaining 50% of the alleged overcharged amounts pending fresh determination by the Bombay HC. Accordingly, in terms of SC’s Judgment the Company deposited an amount of Rs. 175.08 Crores with NPPA, representing 50% of the alleged overcharged amounts in respect of demand notices raised till 2003. <BR> Post 2003, the Company continued to receive demands (“Subsequent demands”) alleging overcharging. These demands included several duplicate demands. In 2019, the Company applied to the Bombay HC to amend its pleadings to include: (i) subsequent demands (ii) and take on record the NPPA/ Government of India’s RTI response on unavailability of any records pertinent to and what should have been the basis for inclusion of these drugs under the DPCO (iii) deduction of trade margin of 16% from outstanding demands (as having not accrued to the Company, as manufacturer) basis the Allahabad HC’s TC Healthcare judgment (iv) re-calculation of interest from the due date of demand notice and (v) duplication of several demands. <BR> The Bombay HC vide order dated 23rd February, 2024 allowed the amendment conditional upon the Company depositing 50% of the subsequent demands raised. The Company appealed the Bombay HC order in a special leave petition before the SC. On 19th April, 2024, the SC was pleased to issue notice and the matter is pending to be heard further. Without prejudice to the Company’s position of no amount being due towards the alleged overcharge (principal) or consequential interest, on 15th July 2025 the Company voluntarily deposited an additional Rs. 27.07 Crores with the NPPA against certain demand notices. <BR> The Company has reviewed all the notices/communications received which are attributable to the Company and are under litigation. After removing duplications as indicated above, the amount covered by the notices/communications aggregates to Rs. 2,011 Crores with the principal of Rs. 863 Crores and interest of Rs. 1,148 Crores. <BR> The above demand notices do not include certain demand notices, jointly addressed to Okasa Pharma Private Limited or Okasa Limited (related parties and promoter group companies, collectively “Okasa"), and the Company. These pertain to products manufactured by Okasa and marketed by Cipla. The Company responded to these demand notices (amounting to Rs. 9.96 Crores), stating that it is not the manufacturer and therefore not liable. These demand notices are also subject matter under Business Transfer Agreement between Okasa and Cipla’s subsidiary which excludes the DPCO liability as part of the business transferred to the subsidiary. Further, Okasa has independently challenged these demand notices before the Hon’ble Bombay HC. <BR> The Company has been legally advised that it expects a favourable outcome in respect of these matters and therefore no provision is considered necessary in respect of the aforementioned demand notices received till date including demand notices addressed singly/jointly w.r.t transactions with Okasa. <BR> <BR> 3. The paid-up equity share capital stands increased to Rs. 161.55 Crores (80,77,71,798 equity shares of face value Rs. 2 each) upon allotment of 2,057 equity shares and 4,046 equity shares of Rs. 2 each pursuant to "ESOS 2013-A" and “Cipla ESAR Scheme 2021” respectively during the quarter ended 31st December, 2025. <BR> <BR> 4. The figures of the previous year/periods have been regrouped/recast to render them comparable with the figures of the current period. <BR> <BR> 5. Effective 21st November,2025, The Government of India has consolidated multiple existing labour legislations into a unified framework comprising four Labour Codes collectively referred to as the 'New Labour Codes'. The Group has assessed the financial implications of these changes which has resulted in increase in gratuity liability arising out of past service cost and increase in leave liability by Rs. 275.91 Crores primarily arising due to change in the definition of “wages” for employees and contract labours. Considering the materiality and non-recurring nature of this impact, the Group has presented such incremental impact under “Exceptional Item” in the consolidated financial results for the quarter and nine months ended 31st December, 2025. <BR> <BR> 6. The Company has entered into definitive agreement to acquire 100% stake in Inzpera Heathscience Limited ("Inzpera") for a purchase consideration of Rs. 110.65 Crores for acquisition of equity shares and non-convertible redeemable preference shares. The transaction has been completed on 4th December, 2025, upon fulfillment of all closing conditions. The fair value of assets and liabilities acquired have been provisionally determined by the Group and accounted for in accordance with Ind AS 103 "Business Combinations". The provisional values will be revised after a final determination of the fair value of assets and liabilities acquired. <BR> <BR> 7. During the quarter ended, 31st December, 2025, the Company has paid Rs. 1,107.28 Crores for acquiring perpetual rights to manufacture and market Galvus® and Galvus® combination brands, used in the treatment of type 2 diabetes with effect from 1st January, 2026 pursuant to the trademark license agreement with Novartis Pharma AG (Switzerland). <BR> <BR> 8. The unaudited standalone financial results for the quarter and nine months ended 31st December, 2025 are available on the Company’s website i.e. www.cipla.com under Investor Information section and on the stock exchange websites i.e. www.bseindia.com and www.nseindia.com. <BR> <BR> 9. The above results have been reviewed and recommended to the Board of Directors by the Audit Committee and subsequently approved by the Board of Directors at its meeting held on 23rd January, 2026. These results have been subjected to limited review by statutory auditors who have expressed an unmodified review conclusion.2025-04-012025-12-31UnauditedConsolidated21621390000073385000002235524000004459470000031666400000-32568000003952080000041260000082806000005440930000017562760000047924800000-2759100000451657000001158780000038110000011968900000033196800000000-45000003319230000055195000003871180000033245900000-5360000038758500000-467000001615500000241.1641.130041.1641.13Other Expenses18623600000Other Expenses54409300000Pharmaceuticals67464000000New ventures3814800000Pharmaceuticals206172500000New ventures1175860000071278800000217931100000534000000171720000070744800000216213900000Pharmaceuticals11222600000New ventures607900000Pharmaceuticals46749700000New ventures1587700000118305000004833740000014030000041260000027591000002759100000893110000045165700000Pharmaceuticals0New ventures0000Pharmaceuticals0New ventures0000As certain assets and liabilities are deployed interchangeably across segments, it is practically not possible to allocate those assets and liabilities to each segment. Hence, the details of assets and liabilities have not been disclosed on the above table.Items that will not be reclassified to profit or loss-24100000-24100000Items that will not be reclassified to profit or loss-109700000-109700000-6000000-27600000Items that will be reclassified to profit or loss20365000002036500000Items that will be reclassified to profit or loss52617000005261700000-22700000-33990000020411000005519500000