Latest News | Abbott India Q4 Net Profit Up 39 Pc at Rs 211 Cr

New Delhi, May 17 (PTI) Drug firm Abbott India on Tuesday said its net profit increased by 39 per cent to Rs 211 crore for the fourth quarter ended March 2022.

The company had reported a net profit of Rs 152 crore in the January-March quarter of 2020-21 fiscal.

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Revenue from operations rose to Rs 1,255 crore in the period under review as compared with Rs 1,096 crore in the year-ago period, it added.

For the year ended March 31, 2022, the company reported a net profit of Rs 799 crore. It stood at Rs 691 crore in FY21.

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Revenue from operations rose to Rs 4,919 crore last fiscal, as against Rs 4,310 crore in the previous year.

The company said its board has approved a payment of final dividend of Rs 145 and special dividend of Rs 130 per share of Rs 10 each for the year ended March 2022.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)