Novartis India Q2 net down 35%

Novartis India today reported a 35.08% decrease in net profit at Rs 17.87 crore for the second quarter ended September 2006 as against Rs 27.53 crore in Q2FY06.

According to the release issued by the company to the BSE, total income declined by 11.49% to Rs 138.25 crore from Rs 156.2 crore in Q2FY06.