Q2 results: Pfizer reports 52.11 percent decline in net profit at Rs 148.96 crore

Published On 2023-10-31 10:00 GMT   |   Update On 2023-10-31 11:30 GMT

New Delhi: Drug firm Pfizer Ltd has reported 52.11 per cent decline in net profit at Rs 148.96 crore for the second quarter ended September 2023.

The company had logged a net profit of Rs 311.07 crore in July-September period a year ago, according to a regulatory filing by Pfizer.

Revenue from operations declined 9.76 per cent to Rs 575.21 crore in the quarter as against Rs 637.47 crore in the year-ago period.

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Read also: USFDA nod for Pfizer Meningococcal vaccine Penbraya

Total expense was at Rs 410.76 crore, down 5.66 per cent.

Total income was at Rs 611.28 crore in September quarter 2023-24, down 7.62 per cent.

Read also: Pfizer gains unconditional EU antitrust nod for proposed USD 43 billion Seagen acquisition



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Article Source : PTI

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