Pfizer Q2 profit dips 13.81% to Rs 958 million, revenue drops marginally

Drug firm Pfizer on Wednesday reported a 13.81 per cent dip in standalone net profit to Rs 958 million for the quarter ended September 2018.

The company had posted a net profit of Rs 1.11 billion for the corresponding period of the previous financial year.

Revenue from operations of the company stood at Rs 5.19 billion in the quarter under review. It was Rs 5.71 billion in the September quarter a year ago, Pfizer said in a filing to BSE.

Shares of Pfizer were trading at Rs 2,808 apiece in afternoon trade on BSE, down 1.87 per cent from their previous close.