Sunday, May 13, 2007

Novartis India Q4 net profit at Rs 23.87cr

Novartis India has announced its fourth quarter results of FY07. The company has reported net profit of Rs 23.87 crore (Rs 238.7 million) compared to Rs 20 crore (Rs 200 million) in Q4 FY06 and net sales of Rs 124 crore (Rs 1.24 billion) versus Rs 105 crore (Rs 1.05 billion).

For FY07, it has posted net profit of Rs 88.5 crore (Rs 885 million) as against Rs 108 crore (Rs 1.08 billion) and net sales of Rs 542 crore (Rs 5.42 billion) versus Rs 526 crore (Rs 5.26 billion) in FY06.

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