Pfizer Q2 Results: Drug maker's profit declines 52% to Rs 149 crore

Pfizer Q2 Results: Drug firm Pfizer Ltd 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. Pic: Reuters

Pfizer Q2 Results: Drug firm Pfizer Ltd on Saturday 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.

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.

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