Pfizer posted a 6.7% year-on-year increase in net profit to ₹205 crore, compared with ₹192 crore in the corresponding quarter last year. Revenue from operations rose 8.3% to ₹653 crore, up from ₹603 crore a year earlier.
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Shares of Pfizer Ltd. were trading marginally higher on Tuesday, July 28, after the pharmaceutical company reported a steady set of earnings for the June quarter.
The company posted a 6.7% year-on-year increase in net profit to ₹205 crore, compared with ₹192 crore in the corresponding quarter last year.
Revenue from operations rose 8.3% to ₹653 crore, up from ₹603 crore a year earlier.
Operating performance also improved, with EBITDA climbing 18% year-on-year to ₹248 crore from ₹210 crore. EBITDA margin expanded to 38% from 35% in the year-ago period.
Following the results, Pfizer shares were trading 0.47% higher at ₹4,712.05.
