Novartis India standalone net profit declines 92.10% in the June 2019 quarter

Capital Market 

Sales decline 20.85% to Rs 109.31 crore

Net profit of Novartis India declined 92.10% to Rs 0.79 crore in the quarter ended June 2019 as against Rs 10.00 crore during the previous quarter ended June 2018. Sales declined 20.85% to Rs 109.31 crore in the quarter ended June 2019 as against Rs 138.10 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales109.31138.10 -21 OPM %-4.76-2.53 -PBDT4.5317.25 -74 PBT1.3116.59 -92 NP0.7910.00 -92

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First Published: Fri, August 09 2019. 17:03 IST