Pfizer Q1 net profit up 10 pc at Rs 124.45 cr

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Pharma major Sun Pharmaceutical Industries on Wednesday reported a 37.12 per cent decline in its consolidated net profit to Rs 399.84 crore Q4.
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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.

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.

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

Source:PTI

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