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Novartis India Q1 net profit up 42 pc at Rs 10 cr

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Press Trust of India New Delhi
Last Updated : Jul 26 2018 | 4:05 PM IST

Drug firm Novartis India today reported a 42.2 per cent rise in its net profit at Rs 10 crore for the quarter ended June 30.

The company had posted a net profit of Rs 7.03 crore in the corresponding period of the previous fiscal, Novartis India said in a BSE filing.

Revenue from operations of the company stood at Rs 138.1 crore for the quarter under consideration. It was Rs 114.8 crore in the same period a year ago.

Shares of Novartis India were today trading 3.23 per cent higher at Rs 666 apiece on the BSE.

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First Published: Jul 26 2018 | 4:05 PM IST

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