Pfizer posts Q3 net of Rs 48 cr, changes a/c year

Drug manufacturer Pfizer Ltd today reported a net profit at Rs 48.28 crore for the third quarter ended December 31, 2011. The company had posted a net profit of Rs 43.58 crore for the third quarter ended November 30, 2010.

As the firm has changed its accounting year with effect from December 1, 2009, the third quarter results of the company are not comparable with those of the third quarter of the previous fiscal, Pfizer said in a filing to the BSE.

Net sales of the company stood at Rs 251.88 crore for the third quarter ended December 31, 2011. It stood at Rs 235.84 for the third quarter ended November 30, 2010.

For the nine months ended December 31, 2011, the company posted a net profit of Rs 136.51 crore. The profit was Rs 120.75 crore for the third quarter ended November 30, 2010.