Novartis India Ltd — Results, 09-05-2025: Integrated Filing
09-05-2025 | 09:05 pm
09-05-2025 | 09:05 pm
Novartis India Limited has announced a board meeting on which approved the audited financial results for the quarter and half-year. Revenue from operations rose marginally to ₹3,562.7 million for the year, with profit before tax increasing to ₹1,304.2 million. Net profit grew to ₹1,009.0 million, boosting earnings per share to ₹40.87. Other comprehensive income added ₹12.1 million. The company reported a provision of ₹54.0 million against ongoing state tax litigations. Cash and cash equivalents stood at ₹520.7 million. Related party transactions primarily involved royalty payments, employee benefits contributions, and intra-group purchases and sales, reflecting ongoing operational activities within the Novartis group.
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