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Novartis India standalone net profit rises 455.70% in the June 2020 quarter

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Capital Market

Sales decline 15.41% to Rs 92.46 crore

Net profit of Novartis India rose 455.70% to Rs 4.39 crore in the quarter ended June 2020 as against Rs 0.79 crore during the previous quarter ended June 2019. Sales declined 15.41% to Rs 92.46 crore in the quarter ended June 2020 as against Rs 109.31 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales92.46109.31 -15 OPM %4.53-4.76 -PBDT9.474.53 109 PBT6.411.31 389 NP4.390.79 456

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First Published: Aug 06 2020 | 3:58 PM IST

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