{"id":149973,"date":"2023-07-26T07:16:48","date_gmt":"2023-07-26T11:16:48","guid":{"rendered":"https:\/\/44.250.171.167\/?p=149973"},"modified":"2023-07-26T07:16:49","modified_gmt":"2023-07-26T11:16:49","slug":"novartis-india-ltd-q1fy24-62-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/novartis-india-ltd-q1fy24-62-fall-in-profits\/","title":{"rendered":"Novartis India Ltd Q1FY24; 62% fall in Profits"},"content":{"rendered":"\n<p>Novartis India Ltd is primarily engaged in the Business of Wholesale of pharmaceuticals and medical goods.<br>It imports various medicines to India from different sources across the globe.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Novartis India Ltd reported Revenues for Q1FY24 of \u20b991.00 Crores down from \u20b9121.00 Crore year on year, a fall of 24.79%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b975.00 Crores down from \u20b990.00 Crores year on year, a fall of 16.67%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b920.00 Crores down 61.54% from \u20b952.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b98.21, down 61.29% from \u20b921.21 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-246.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-246-839x1024.png\" alt=\"\" class=\"wp-image-149975\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-246-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-246-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-246-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-246-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-246.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 \u20b991.00 Crores down from \u20b9121.00 Crore year on year, a fall of 24.79%. Total Expenses for Q1FY24 of [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,5747],"tags":[10162],"class_list":["post-149973","post","type-post","status-publish","format-standard","hentry","category-infographics","category-healthcare-stocks","tag-pharmaceutical"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":145676,"url":"https:\/\/alphastreet.com\/india\/novartis-india-limited-q4fy23-earnings-story\/","url_meta":{"origin":149973,"position":0},"title":"Novartis India Limited Q4FY23 Earnings Story","author":"Karan_Singh","date":"May 10, 2023","format":false,"excerpt":"The main line of business for Novartis India Ltd. is the wholesale distribution of medicines and medical supplies.It brings different medications into India from various places across the world. Financial Results: Novartis India Ltd. reported Total Income for Q4FY23 of \u20b9 93 Crores up from \u20b9 113 Crore year on\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1345489729.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1345489729.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1345489729.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-1345489729.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":152290,"url":"https:\/\/alphastreet.com\/india\/graphite-india-ltd-q1fy24-14-fall-in-revenue\/","url_meta":{"origin":149973,"position":1},"title":"Graphite India Ltd Q1FY24; 14% fall in Revenue","author":"Hardik Bhandare","date":"August 10, 2023","format":false,"excerpt":"Graphite India Ltd is mainly engaged in the business of manufacturing and selling of graphite & carbon and other products. Financial Results: Graphite India Ltd reported Revenues for Q1FY24 of \u20b9747.00 Crores down from \u20b9866.00 Crore year on year, a fall of 13.74%. Total Expenses for Q1FY24 of \u20b9862.00 Crores\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-540.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-540.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-540.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-540.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-540.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-540.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":151976,"url":"https:\/\/alphastreet.com\/india\/indo-rama-synthetics-india-ltd-q1fy24-35-fall-in-revenue\/","url_meta":{"origin":149973,"position":2},"title":"Indo Rama Synthetics (India) Ltd Q1FY24; 35% fall in Revenue","author":"Hardik Bhandare","date":"August 9, 2023","format":false,"excerpt":"Indo Rama Synthetics (India) Ltd is engaged in manufacturing polyester products such as Polyester Staple Fibre, Partially Oriented Yarn etc. Financial Results: Indo Rama Synthetics (India) Ltd reported Revenues for Q1FY24 of \u20b9770.00 Crores down from \u20b91,179.00 Crore year on year, a fall of 34.69%. Total Expenses for Q1FY24 of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-435.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-435.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-435.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-435.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-435.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-435.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153357,"url":"https:\/\/alphastreet.com\/india\/kernex-microsystems-india-ltd-q1fy24-3-fall-in-revenue\/","url_meta":{"origin":149973,"position":3},"title":"Kernex Microsystems (India) Ltd Q1FY24; 3% fall in Revenue","author":"Hardik Bhandare","date":"August 14, 2023","format":false,"excerpt":"Kernex Microsystems (India) Ltd manufactures, installs, and maintains anti-collision devices, and conceptualises, designs, and develops railway safety and signal systems. Financial Results: Kernex Microsystems (India) Ltd reported Revenues for Q1FY24 of \u20b90.96 Crores down from \u20b90.99 Crore year on year, a fall of 3.03%. Total Expenses for Q1FY24 of \u20b92.29\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-891.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-891.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-891.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-891.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-891.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-891.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152970,"url":"https:\/\/alphastreet.com\/india\/hemisphere-properties-india-ltd-q1fy24-93-fall-in-revenue\/","url_meta":{"origin":149973,"position":4},"title":"Hemisphere Properties India Ltd Q1FY24; 93% fall in Revenue","author":"Hardik Bhandare","date":"August 11, 2023","format":false,"excerpt":"The company was formed as part of the disinvestment exercise carried out by the Government of India in respect of its holdings in the erstwhile VSNL (currently known as Tata Communications Limited). Financial Results: Hemisphere Properties India Ltd reported Revenues for Q1FY24 of \u20b90.12 Crores down from \u20b91.68 Crore year\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-764.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-764.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-764.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-764.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-764.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-764.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153178,"url":"https:\/\/alphastreet.com\/india\/fiberweb-india-ltd-q1fy24-45-fall-in-profits\/","url_meta":{"origin":149973,"position":5},"title":"Fiberweb (India) Ltd Q1FY24; 45% fall in Profits","author":"Hardik Bhandare","date":"August 14, 2023","format":false,"excerpt":"Fiberweb (India) is primarily engaged in the business of manufacturing Spunbond and Melt-blown Nonwoven Fabrics from polypropylene. Financial Results: Fiberweb (India) Ltd reported Revenues for Q1FY24 of \u20b929.99 Crores up from \u20b916.80 Crore year on year, a rise of 78.51%. Total Expenses for Q1FY24 of \u20b928.73 Crores up from \u20b915.16\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-831.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-831.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-831.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-831.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-831.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-831.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/149973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=149973"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/149973\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=149973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=149973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=149973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}