Cipla reported a drop in standalone net profit for the quarter ended September 2008. During the quarter, the profit of the company declined 20.56% to Rs 1,514.30 million from Rs 1,906.20 million in the same quarter last year.

Net sales for the quarter rose 23.33% to Rs 13,546.90 million, while total income for the quarter rose 20.29% to Rs 13,715.60 million, when compared with the prior year period.

The company reported earnings of Rs 1.95 a share during the quarter, registering...