New Delhi: Pharmaceuticals firm Pfizer Ltd on Saturday reported 28.57 percent decline in net profit at Rs 57.17 crore for the first quarter ended June 30, 2017 due to lower sales.


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The company had posted a net profit of Rs 80.04 crore in the same period last fiscal.


Total income was at Rs 459.86 crore as against Rs 542.41 crore in the year-ago period, down 15.21 percent.


Pfizer said total expenses in the first quarter stood at Rs 371.34 crore as compared to Rs 435.16 crore in the year-ago period.