Novartis India Q3 net loss at Rs 71 lakh

Novartis India Q3 net loss at Rs 71 lakh
Representative image Image Credit: Wikimedia Commons
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New Delhi, Feb 11 (PTI) Drug firm Novartis India on Thursday reported a net loss of Rs 71 lakh for the quarter ended December 31, 2020.

The company had posted a net profit of Rs 7.73 crore for the corresponding period of the previous fiscal, Novartis India said in a filing to BSE.

Revenue from operations of the company stood at Rs 93.77 core for the quarter under consideration. It was Rs 117.46 crore for the same period a year ago, it added.

Shares of Novartis India closed at Rs 639.50 per scrip on BSE, down 0.62 percent from its previous close.

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