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Pfizer India’s quarterly profit rises by 14%

Pfizer India’s quarterly profit rises by 14%
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First Published: Thu, Mar 22 2007. 03 55 PM IST
Updated: Thu, Mar 22 2007. 03 55 PM IST
By Ashok Bhattacharjee, Bloomberg
New Delhi: Pfizer Ltd., the Indian unit of the world’s biggest drugmaker, posted a 14 % increase in first-quarter profit.
Net income rose to Rs282.7 million ($6.5 million) in the three months ended 28 February from Rs247.7 million a year earlier, the Mumbai-based company said today in a statement to the BSE. Revenue rose by 6% to Rs1.67 billion from Rs1.58 billion.
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First Published: Thu, Mar 22 2007. 03 55 PM IST