Latest Impairment Charge News & Updates

Mumbai, May 13 (IANS) Pharma major Cipla on Wednesday reported a 54.6 per cent decline in its consolidated net profit for the fourth quarter (Q4) of FY26, weighed down by an impairment charge, while revenue also witnessed a marginal drop on a year-on-year basis.The company posted a consolidated net profit of Rs 554.64 crore in the January-March quarter, compared to Rs 1,221.84 crore reported in the corresponding quarter of the previous financial year (Q4 FY25), according to its stock exchange fi…