Pfizer Q1 net profit dips 3% at Rs 46 crore

NEW DELHI: Drug firm Pfizer today reported 3.10 per cent decline in net profit at Rs 46.15 crore for the first quarter ended June 30, 2014.

The company had posted a net profit of Rs 47.63 crore in the same period of previous fiscal.

Net sales of the company, however, rose to Rs 239.85 crore during the first quarter, as compared to Rs 237.53 crore in the same period of previous fiscal, Pfizer Ltd said in a filing to the BSE.

Shares of Pfizer today closed at Rs 1,412.05 apiece on the BSE, down 0.45 per cent from previous close.