 "Abbott India Q4 net profit declines 1.96 pc at Rs 110.97 cr")
Drug firm Abbott India on Monday reported a 1.96 per cent decline in net profit to Rs 110.97 crore for the quarter ended on March 31, 2020, mainly on account of rise in expenses.
The company had posted a net profit of Rs 113.19 crore for the corresponding period of previous fiscal, Abbott India said in a BSE filing.
Revenue from operations stood at Rs 961.20 crore for the quarter under consideration as against Rs 906.31 crore for the same period year ago, news agency PTI reported.
Total expense for the quarter ended March 2020 was at Rs 840.40 crore.
