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Last Updated : Feb 04, 2019 06:38 PM IST | Source: PTI

Novartis India Q3 net profit dips 31% to Rs 12.87 crore

The company had posted a net profit of Rs 18.74 crore for the corresponding period of the previous fiscal, Novartis India said in a filing to BSE.

 
 
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Drug firm Novartis India on Monday reported a 31 percent decline in net profit to Rs 12.87 crore for the quarter ended December 2018.

The company had posted a net profit of Rs 18.74 crore for the corresponding period of the previous fiscal, Novartis India said in a filing to BSE.

Revenue from operations of the company stood at Rs 135.62 crore, compared with Rs 156.10 crore for the same period a year ago.

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Shares of Novartis India closed at Rs 721.20 per scrip on the BSE, up 0.28 per cent from its previous close.

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First Published on Feb 4, 2019 06:36 pm
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