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Pfizer posts Q2 net profit at Rs 46.99 cr

Drug firm Pfizer today posted a net profit of Rs 46.99 crore for the quarter ended September 30, 2011.



Mumbai: Drug firm Pfizer today posted a net profit of Rs 46.99 crore for the quarter ended September 30, 2011.

The company had a net profit of Rs 42.48 crore for the quarter ended August 31, 2010, Pfizer Ltd said in a filing to the BSE.

The company has changed its accounting year from December 1- November 30 to April 1- March 31 with effect from December 1, 2009. The current quarter is from July 1, 2011, to September 30, 2011, while the previous quarter was from June 1, 2010 to August 31, 2010.

Hence the results are not 'strictly comparable', it added.

The previous year accounting period was for 16 months from December 1, 2009-March 31, 2011, Pfizer said.

Net sales of the company stood at Rs 271.82 crore for the quarter ended September 30, 2011. It was Rs 225.61 crore for the quarter ended August 31, 2010, it added.

Shares of Pfizer were today trading at Rs 1,346.20 on BSE, down 1.88 percent from its previous close.

PTI

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