Drug firm Novartis India Q1 net profit up 42 pc at Rs 10 cr

Drug firm Novartis India today reported a 42.2 per cent rise in its net profit at Rs 10 crore for the quarter ended June 30.

Drug firm Novartis India today reported a 42.2 per cent rise in its net profit at Rs 10 crore for the quarter ended June 30.

The company had posted a net profit of Rs 7.03 crore in the corresponding period of the previous fiscal, Novartis India said in a BSE filing.

Revenue from operations of the company stood at Rs 138.1 crore for the quarter under consideration. It was Rs 114.8 crore in the same period a year ago.

Shares of Novartis India were today trading 3.23 per cent higher at Rs 666 apiece on the BSE.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)