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Novartis India reports standalone net loss of Rs 1.18 crore in the December 2014 quarter

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Capital Market

Sales decline 2.53% to Rs 213.02 crore

Net loss of Novartis India reported to Rs 1.18 crore in the quarter ended December 2014 as against net profit of Rs 15.23 crore during the previous quarter ended December 2013. Sales declined 2.53% to Rs 213.02 crore in the quarter ended December 2014 as against Rs 218.54 crore during the previous quarter ended December 2013. ParticularsQuarter EndedDec. 2014Dec. 2013% Var.Sales213.02218.54 -3 OPM %-8.42-0.28 -PBDT5.4422.50 -76 PBT4.4421.56 -79 NP-1.1815.23 PL

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First Published: Feb 05 2015 | 9:40 AM IST

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