Novartis India's Net Profit Declines in Fiscal Q3

MT Newswires Live

01-28

Novartis India (NSE:NOVARTIND, BOM:500672) said its net profit fell to 254.5 million Indian rupees in the fiscal third quarter from 265.7 million rupees a year ago, according to a filing to the stock exchanges on Tuesday.

Earnings per share for the quarter ended Dec. 31, 2024, dropped to 10.31 rupees from 10.76 rupees a year earlier.

Revenue from operations of the pharmaceutical company increased year on year to 930 million rupees from 845.4 million rupees, according to the filing.

Price (INR): ₹674.00, Change: ₹+1.8, Percent Change: +0.26%

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