Nov 5 (Reuters) - Drugmaker Cipla Ltd posted a nearly 11 percent fall in second-quarter profit on Monday, much lower than analyst expectations.
Profit fell to 3.77 billion rupees ($51.73 million) in the quarter ended Sept. 30, compared with 4.23 billion rupees a year ago, Cipla said here
That missed analysts average expectation of 4.56 billion rupees, according to Refinitiv data.
Net sales fell 1 percent to 39.48 billion rupees. ($1 = 73.0650 Indian rupees) (Reporting by Tanvi Mehta in Bengaluru)