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


Novartis India Q3 net profit dips 31 percent 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.

New Delhi: Drug firm Novartis India Monday reported a 31 per cent 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.

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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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Source: PTI
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