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Novartis India Q1 net profit rises 43% to Rs 6.28 crore

The company had posted a net profit of Rs 4.39 crore for the corresponding period of the previous fiscal, Novartis India said in a regulatory filing.

August 11, 2021 / 08:03 PM IST
 
 
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Drug firm Novartis India on Wednesday reported a 43.05 percent rise in its net profit to Rs 6.28 crore for the quarter ended June 30.

The company had posted a net profit of Rs 4.39 crore for the corresponding period of the previous fiscal, Novartis India said in a regulatory filing.

Revenue from operations stood at Rs 98.11 crore for the quarter under consideration. It was Rs 92.46 crore for the same period a year ago, it added.

Shares of Novartis India closed at Rs 843.05 per scrip on BSE, down 4.45 percent from its previous close.
PTI
first published: Aug 11, 2021 08:03 pm

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