New Delhi, July 27 (PTI) Drug firm Pfizer on Monday reported a 10.31 per cent rise in its net profit to Rs 124.45 crore for the quarter ended June 30, 2020.

The company had posted a net profit of Rs 112.81 crore for the corresponding period of the previous fiscal, Pfizer Ltd said in a BSE filing.

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Revenue from operations of the company stood at Rs 514.89 crore for the quarter under consideration. It was Rs 544.40 crore for the same period a year ago.

The company will continue to ensure supply of essential medicines and take steps to mitigate any risks associated with COVID-19 pandemic, Pfizer said.

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Shares of Pfizer Ltd closed at Rs 4,371 per scrip on the BSE, up 0.67 per cent from its previous close.

(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)