Novartis India reports standalone net loss of Rs 0.71 crore in the December 2020 quarter

Sales decline 20.17% to Rs 93.77 crore

Net loss of Novartis India reported to Rs 0.71 crore in the quarter ended December 2020 as against net profit of Rs 7.73 crore during the previous quarter ended December 2019. Sales declined 20.17% to Rs 93.77 crore in the quarter ended December 2020 as against Rs 117.46 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales93.77117.46 -20 OPM %-3.077.67 -PBDT3.7614.65 -74 PBT0.6811.38 -94 NP-0.717.73 PL

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