Pfizer Q1 net down 85% to Rs 47.63 cr

The company had spun off its animal health business on April 2, 2012 to Pfizer Animal Pharma Pvt Ltd (PAPPL) for Rs 382.52 crore. The company reported net profit of Rs 328.88 crore in the corresponding quarter last year.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney SME Special
moneycontrol.com

Home » News » Earnings » Results

Jul 27, 2013, 04.33 PM | Source: PTI

Pfizer Q1 net down 85% to Rs 47.63 cr

The company had spun off its animal health business on April 2, 2012 to Pfizer Animal Pharma Pvt Ltd (PAPPL) for Rs 382.52 crore. The company reported net profit of Rs 328.88 crore in the corresponding quarter last year.

Like this story, share it with millions of investors on M3

Pfizer Q1 net down 85% to Rs 47.63 cr

The company had spun off its animal health business on April 2, 2012 to Pfizer Animal Pharma Pvt Ltd (PAPPL) for Rs 382.52 crore. The company reported net profit of Rs 328.88 crore in the corresponding quarter last year.

Post Your Comments

Share Cancel

Pfizer Ltd today reported 85.51 percent decline in the standalone net profit at Rs 47.63 crore for the first quarter ended June 30, 2013 largely on account of income from exceptional item in the same period last year.

Also Read: HUL Q1 net beats street; shares slip on slower sales growth

The company had spun off its animal health business on April 2, 2012 to Pfizer Animal Pharma Pvt Ltd (PAPPL) for Rs 382.52 crore. The company reported net profit of Rs 328.88 crore in the corresponding quarter last year.

Pfizer's net sales went up by 8.04 percent to Rs 237.53 crore in the quarter under review as against Rs 219.84 crore in the same quarter a year ago, the company said in a BSE filing.

"The gain arising on the slump sale of the said business was disclosed as exceptional items during the sales quarter ended June 30, 2012," the company said in a statement.

Pfizer's overall expenses were at Rs 223.46 crore in the quarter, an increase 4.25 percent compared with Rs 214.35 crore in the same period last year.

Tags  Pfizer PAPPL

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Pfizer Q1 net down 85% to Rs 47.63 cr

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login