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Drug firm Pfizer Ltd on Monday reported a 5.90 per cent decline in net profit at ₹103.01 crore for the quarter ended March 31, 2020.
The company had posted a net profit of ₹109.47 crore in the corresponding period of the previous fiscal, Pfizer said in a filing to the BSE.
Revenue from operations stood at ₹502.01 crore for the quarter under consideration. It was at ₹535.66 crore in the same period a year ago, it added.
For 2019-20, the company’s net profit stood at ₹509.13 crore as against ₹429.05 crore in 2018-19, Pfizer said.
The company’s revenue from operations stood at ₹2,151.65 crore for the fiscal year ended March 2020. It was at ₹2,081.50 crore in 2018-19.
The company’s board of directors have recommended a final dividend of ₹10 per equity share of ₹10 each for the financial year ended March 31, Pfizer said.
Shares of Pfizer Ltd on Monday closed 0.41 per cent higher at ₹4,078.15 per scrip on the BSE.
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