Pfizer Q4 net profit down 2.39% at Rs 100.55 cr
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The company reported standalone net profit of Rs 100.55 crore for the quarter ended March 31, 2021 as compared to Rs 103.01 crore in the same period last year, registering a year-on-year decline of 2.39 per cent. Net revenue of the company rose moderately by 6.52 per cent at Rs 534.76 crore in January-March quarter of this fiscal as against Rs 502.01 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 4.00 per cent to Rs 409.02 crore from Rs 393.30 crore in year ago period. Other Income dipped by 17.74 per cent at Rs 37.20 crore versus (Mar'20 Rs 45.22 crore).
Operating Profit surged by 15.67 per cent to Rs 125.74 crore as against Rs 108.71 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 8.59 per cent in March quarter. Interest declined by 2.21 per cent y-o-y to Rs 3.54 crore, while Taxation increased by 66.97 per cent at Rs 31.54 crore (Mar'20 Rs 18.89 crore).
