Abbott India Q4 net dips 29 per cent to Rs 42 crore
New Delhi: Pharma firm Abbott India on Friday reported a 28.69 per cent plunge in standalone net profit to Rs 42.06 crore for the fourth quarter ended March 31, 2017.
The company had posted a net profit of Rs 58.99 crore for the corresponding period of the previous fiscal, Abbott India said in a filing to BSE.
Total income for the quarter under consideration, however, rose to Rs 730.87 crore as against Rs 702.39 crore for the same period a year ago. For the fiscal ended March this year the net profit stood at Rs 276.65 crore, compared to Rs 255.25 crore a year ago.