Pfizer Q1 net profit up 61 pc to Rs 200 cr

Drug firm Pfizer Ltd on Wednesday reported a 60.63 per cent rise in its net profit to Rs 199.91 crore for the quarter ended in June mainly on account of robust sales.

The company had posted a net profit of Rs124.45 crore for the corresponding period of the previous fiscal, Pfizer Ltd said in a regulatory filing.

Revenue from operations of the company stood at Rs 749.17 crore for the quarter under consideration. It was Rs 514.89 crore for the same period a year ago, it added.

Shares of Pfizer Ltd closed at Rs 6,020.25 per scrip on BSE, up 0.22 per cent from its previous close.