{"id":20865,"date":"2022-02-03T15:01:53","date_gmt":"2022-02-03T09:31:53","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-results-cadila-healthcare\/"},"modified":"2022-02-03T15:06:15","modified_gmt":"2022-02-03T09:36:15","slug":"biz-results-cadila-healthcare","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-results-cadila-healthcare\/","title":{"rendered":"Cadila Healthcare Q3 Results: Consolidated net profit declines 5%"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2814574574\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Cadila Healthcare Ltd on Thursday reported a 5% decline in consolidated net profit at Rs 500.4 crore in the third quarter ended December 31, 2021.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1731573444\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>The company had posted a consolidated net profit of Rs 527.2 crore in the same period last fiscal, Cadila Healthcare said in a regulatory filing.<\/p>\n<p>Consolidated total revenue from operations stood at Rs 3,655 crore during the quarter under review as compared to Rs 3,633 crore in the year-ago quarter, it added.<\/p>\n<p>Total expenses were higher at Rs 3,116.8 crore in the third quarter as compared to Rs 3,069.8 crore in the year-ago period, Cadila Healthcare said.<\/p><div class=\"trade-content_5\" id=\"trade-2489299741\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>India formulations business posted revenue of Rs 1,079 crore during the third quarter with branded formulations posting a 17 per cent growth after adjusting for sales of COVID related products, generics portfolio and divested products, the company said.<\/p>\n<p>On the other hand, the US formulations business registered revenue of Rs 1,504 crore during the quarter and the company filed 12 additional abbreviated new drug applications (ANDAs) with the USFDA.<\/p>\n<p>It received nine new product approvals, including five tentative approvals, from the USFDA, the company said, adding it launched three new products in the US market.<\/p>\n<p>These include Nelarabine injection used to treat certain types of leukemia and lymphoma, which was granted 180 days exclusivity.<\/p>\n<p>Cadila Healthcare said the group has also started supplies of its COVID-19 vaccine ZyCoV-D, to the government of India against their order from its newly commissioned Zydus Vaccine Technology Excellence Centre at the Zydus Biotech Park in Ahmedabad.<\/p>\n<p>The group is also planning to make the vaccine available in the private market. ZyCoV-D is a three dose vaccine administered intradermally using the PharmaJet needle free system, Tropis, on day 0, day 28 and day 56, it added.<\/p><div class=\"trade-content-10\" id=\"trade-1356365954\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>The company further said it has also submitted the New Drug Application (NDA) to the DCGI for Desidustat, for the treatment of anaemia in patients with chronic kidney disease (CKD). PTI RKL MKJ<\/p>\n<div class=\"trade-after-content\" id=\"trade-3400801307\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Cadila Healthcare Ltd on Thursday reported a 5% decline in consolidated net profit at Rs 500.4 crore in the third quarter ended December 31, 2021. The company had posted a consolidated net profit of Rs 527.2 crore in the same period last fiscal, Cadila Healthcare said in a regulatory filing. Consolidated total revenue from operations [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":20871,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1515,31,1789],"tags":[],"class_list":["post-20865","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-results","category-news","category-trending-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cadila Healthcare Q3 Results: Consolidated net profit declines 5% - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-results-cadila-healthcare\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cadila Healthcare Q3 Results: Consolidated net profit declines 5%\" \/>\n<meta property=\"og:description\" content=\"Cadila Healthcare Ltd on Thursday reported a 5% decline in consolidated net profit at Rs 500.4 crore in the third quarter ended December 31, 2021. 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