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Novartis India reports net profit at Rs 7.52 crore in Q2
New Delhi: Drug firm Novartis India on Thursday reported a net profit of Rs 7.52 crore for the second quarter ended September 30.
The company had posted a net loss of Rs 5.22 crore for the corresponding period previous fiscal, Novartis India said in a BSE filing.
The total income of the company stood at Rs 101.43 crore for the quarter under consideration.
It was Rs 127.79 crore for the same period last year, it added.
In a separate filing, Novartis India said its board has approved the appointment of Bhavna Gupta as internal auditor of the company.
Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751