Novartis India standalone net profit declines 78.58% in the September 2016 quarter

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Capital Market
Last Updated : Nov 11 2016 | 4:47 PM IST

Sales decline 24.40% to Rs 162.56 crore

Net profit of Novartis India declined 78.58% to Rs 22.21 crore in the quarter ended September 2016 as against Rs 103.69 crore during the previous quarter ended September 2015. Sales declined 24.40% to Rs 162.56 crore in the quarter ended September 2016 as against Rs 215.04 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales162.56215.04 -24 OPM %9.515.26 -PBDT34.57140.56 -75 PBT33.86139.66 -76 NP22.21103.69 -79

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First Published: Nov 11 2016 | 4:27 PM IST

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