Novartis India reports net loss at Rs 71 lakh in Q3

Published On 2021-02-14 03:30 GMT   |   Update On 2021-02-14 03:30 GMT

New Delhi: Drug firm Novartis India on Thursday reported a net loss of Rs 71 lakh for the quarter ended December 31, 2020.The company had posted a net profit of Rs 7.73 crore for the corresponding period of the previous fiscal, Novartis India said in a filing to BSE.Read also: Novartis to provide manufacturing capacity for Pfizer-BioNTech COVID-19 vaccine productionRevenue from operations of...

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New Delhi: Drug firm Novartis India on Thursday reported a net loss of Rs 71 lakh for the quarter ended December 31, 2020.

The company had posted a net profit of Rs 7.73 crore for the corresponding period of the previous fiscal, Novartis India said in a filing to BSE.

Revenue from operations of the company stood at Rs 93.77 core for the quarter under consideration. It was Rs 117.46 crore for the same period a year ago, it added.


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Article Source : PTI

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