Novartis India Q3 net down 7%

Novartis India today reported a 6.64% decline in net profit at Rs 22.47 crore for the quarter ended December 31, 2007 as against Rs 21.07 crore in Q3FY07.

In a release to the BSE, the company stated that its total income had decreased from Rs 158.51 crore for the quarter ended December 31, 2006 to Rs 152.59 crore for the quarter ended December 31, 2007.