Drug firm Pfizer today posted net profit of Rs 52.28 crore
for the second quarter ended September 30. The company had posted a net profit
of Rs 46.99 crore during the corresponding period of previous fiscal. Net sales
of the company stood at Rs 246.16 crore during the second quarter ended
September 30, 2012. It stood at Rs 271.82 crore during the same period of
2011-12 fiscal, Pfizer Ltd said in a BSE filing.
The company said the results for the quarter were not
comparable to the same period of previous fiscal due to the sale of company's
animal health business. In a separate filing to the BSE, the company said its
board has approved the sale of its wholly owned subsidiary Pfizer Animal Pharma
Pvt Ltd to Pfizer Animal Health India Ltd, a 100 per cent indirect subsidiary
of Pfizer Inc, USA for Rs 471.60 crore. Shares of Pfizer today closed at Rs
1,134.10 crore on the BSE, down 0.90 per cent from its previous close.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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