Pfizer Q3 Net Profit at Rs 131.94 Crore

Drug firm Pfizer on Thursday reported a standalone net profit of Rs 131.94 crore for the third quarter ended December 2018.

New Delhi, Jan 24 (PTI) Drug firm Pfizer on Thursday reported a standalone net profit of Rs 131.94 crore for the third quarter ended December 2018.

It had reported a net profit of Rs 87.24 crore in the October-December quarter of the last financial year, Pfizer said in a BSE filing.

Pfizer's total income was Rs 578.14 crore during the quarter under review. It was Rs 488.62 crore in the corresponding quarter a year ago.

Meanwhile, the company said that its result was not comparable as sales for the nine months ended December 2017 include excise duty up to June 30, 2017.

Pfizer's total expenses stood at Rs 377.52 crore.

Shares of Pfizer Ltd on Thursday settled at Rs 2,681.50 on BSE, up 0.62 per cent from their 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)

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