Financial Daily from THE HINDU group of publications
Thursday, Mar 31, 2005
Financial Daily from THE HINDU group of publications Thursday, Mar 31, 2005 |
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Corporate Results
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Pharmaceuticals Pfizer Q1 net up, total income down Our Bureau
Mumbai , March 30 PFIZER Ltd has posted a net profit of Rs 13.46 crore for the first quarter ended February 28, 2005,compared with Rs 10.29 crore for the year-ago period. Total income has decreased to Rs 141.67 crore in the same quarter against Rs 145.13 crore in the year-ago period. Pfizer said the scheme of amalgamation of the erstwhile Pharmacia Healthcare Ltd with the company was sanctioned by the Bombay High Court on February 4. This amalgamation is effective from December 1, 2003. On account of this, all figures in the statement for the corresponding three months ended February 29, 2004 include the figures for the erstwhile Pharmacia Healthcare Ltd and, hence, are comparable.
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