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Novartis India standalone net profit declines 63.14% in the June 2017 quarter

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Sales decline 32.98% to Rs 114.81 crore

Net profit of Novartis India declined 63.14% to Rs 7.03 crore in the quarter ended June 2017 as against Rs 19.07 crore during the previous quarter ended June 2016. Sales declined 32.98% to Rs 114.81 crore in the quarter ended June 2017 as against Rs 171.31 crore during the previous quarter ended June 2016. ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales114.81171.31 -33 OPM %-10.545.42 -PBDT10.5630.46 -65 PBT9.8529.72 -67 NP7.0319.07 -63

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First Published: Jul 28 2017 | 2:22 PM IST

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