Pfizer Q2 Results: Profit plunges 52% YoY to Rs 149 crore

Drug firm Pfizer Ltd on Saturday reported 52.11 per cent decline in net profit at Rs 148.96 crore for the second quarter ended September 2023. The company had logged a net profit of Rs 311.07 crore in July-September period a year ago, according to a regulatory filing by Pfizer.

Revenue from operations declined 9.76 per cent to Rs 575.21 crore in the quarter as against Rs 637.47 crore in the year-ago period.

Total expense was at Rs 410.76 crore, down 5.66 per cent.

Total income was at Rs 611.28 crore in September quarter 2023-24, down 7.62 per cent.