Drug firm Novartis India Monday reported a 31 per cent decline in net profit to Rs 12.87 crore for the quarter ended December 2018.
The company had posted a net profit of Rs 18.74 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 135.62 crore, compared with Rs 156.10 crore for the same period a year ago.
Shares of Novartis India closed at Rs 721.20 per scrip on the BSE, up 0.28 per cent from its previous close.
Disclaimer: No Business Standard Journalist was involved in creation of this content