Cipla shares fell more than 4% during intraday trading on Thursday, October 30, 2025, after the company reported its July–September quarter results and announced that its Managing Director (MD) and Global Chief Executive Officer (CEO), Umang Vohra, will step down after his term ends on March 31, 2026.
In a stock exchange filing, Cipla stated:
“Umang Vohra (DIN: 02296740), Managing Director & Global Chief Executive Officer (MD & GCEO), expressed his intention to not seek re-appointment as Managing Director & Global Chief Executive Officer of the Company upon completion of his current term on 31st March, 2026.”
Succession Plan Announced
As part of its structured succession plan, Cipla announced that its Global Chief Operating Officer (COO), Achin Gupta, will take over as MD and GCEO from April 1, 2026, for a term of five years, subject to shareholder approval.
Gupta, who joined Cipla in 2021 as CEO of the One India business, has served as COO since February 2025, overseeing commercial markets, API operations, manufacturing, and the supply chain.
Cipla Q2 Results
For the quarter ended September 30, 2025, Cipla reported a 3.7% year-on-year (YoY) increase in consolidated net profit at ₹1,353.37 crore, compared to ₹1,305.01 crore in the same period last year.
Revenue from operations rose 7% YoY to ₹7,447.42 crore, up from ₹6,961.22 crore in the year-ago quarter.
Stock Market Reaction
Following the announcements, Cipla’s stock declined 4.47% intraday, hitting a low of ₹1,505 compared to ₹1,575.45 before the disclosure.
As of the afternoon session, shares were trading 2.94% lower at ₹1,534.20, versus ₹1,580.75 at the previous close.
Over the last five years, Cipla shares have delivered over 103% returns, including an 8% gain in the past year. On a year-to-date basis, the stock is up 0.50% in 2025 and 2.22% higher over the past month. However, it has declined 3.85% in the last five trading sessions.
Cipla’s stock touched a 52-week high of ₹1,672.20 on October 23, 2025, and a 52-week low of ₹1,310.05 on April 7, 2025. As of Thursday, October 30, its market capitalisation stood at over ₹1.24 trillion, according to BSE data.
