Pfizer fourth quarter net rises 4.74% to Rs 109 cr, revenue from operations at Rs 536 cr; shares up

Pfizer fourth quarter net rises 4.74% to Rs 109 cr, revenue from operations at Rs 536 cr; shares up

Pfizer said its board has recommended a dividend of Rs 22.50 per equity share of Rs 10 each for the year ended 31 March, 2019.

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Pfizer fourth quarter net rises 4.74% to Rs 109 cr, revenue from operations at Rs 536 cr; shares up

New Delhi: Pharma firm Pfizer on Tuesday reported a 4.74 percent rise in net profit to Rs 109.47 crore for the quarter ended 31 March, 2019.

The Pfizer campus in US. Reuters

The company had posted a net profit of Rs 104.51 crore in the corresponding period of the previous fiscal, Pfizer said in a filing to the BSE.

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Revenue from operations for the March quarter stood at Rs 535.66 crore. It was at Rs 519.95 crore for the year-ago period.

For the entire 2018-19, net profit stood at Rs 429.05 crore as against Rs 360.07 crore for the previous financial year.

Revenue from operations for the last fiscal stood at Rs 2,081.50 crore. It was Rs 1,980.19 crore for 2017-18.

The company said its board has recommended a dividend of Rs 22.50 per equity share of Rs 10 each for the year ended 31 March, 2019.

Shares of Pfizer Tuesday settled at Rs 3,281.35 per scrip on the BSE, up 2.96 percent from its previous close.

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