Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of business and is important item when evaluating financial statements of a company. Revenues from a firm's main business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can includes product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Cipla Revenue Assessment
Based on latest financial disclosure Cipla Limited reported 70.21 B of revenue. This is 1393.02% higher than that of Healthcare sector, and 435.57% higher than that of Drug Manufacturers - Major industry, The Revenue for all stocks is 760.79% lower than the firm.
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Cipla Limited is rated below average in revenue category among related companies. Market size based on revenue of Drug Manufacturers - Major industry is currently estimated at about 822.59 Billion. Cipla holds roughly 70.21 Billion in revenue claiming about 9% of equities under Drug Manufacturers - Major industry.
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