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Novartis India Ltd Q1FY24; 62% fall in Profits

Novartis India Ltd is primarily engaged in the Business of Wholesale of pharmaceuticals and medical goods.
It imports various medicines to India from different sources across the globe.

Financial Results:

Novartis India Ltd reported Revenues for Q1FY24 of ₹91.00 Crores down from ₹121.00 Crore year on year, a fall of 24.79%.

Total Expenses for Q1FY24 of ₹75.00 Crores down from ₹90.00 Crores year on year, a fall of 16.67%.

Consolidated Net Profit of ₹20.00 Crores down 61.54% from ₹52.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹8.21, down 61.29% from ₹21.21 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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