Pfizer net profit falls to Rs 46 crore in Q1

Drug firm Pfizer on Thursday reported a 3.10 per cent decline in net profit at Rs 46.15 crore for the first quarter ended June 30, 2014.

The company had posted a net profit of Rs 47.63 crore in the same period of previous fiscal.

Net sales of the company, however, rose to Rs 239.85 crore during the first quarter, as compared to Rs 237.53 crore in the same period of previous fiscal, Pfizer Ltd said in a filing to the BSE.

Shares of Pfizer on Thursday closed at Rs 1,412.05 apiece on the BSE, down 0.45 per cent from previous close.

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