Pfizer Q4 net up 21 per cent at Rs 58 crore

Drug firm Pfizer Ltd posted on Tuesday a 20.91 per cent increase in net profit at Rs 58.16 crore for its fourth quarter that ended on March 31, 2013.

The company had net profit of Rs 48.10 crore for the same quarter of the previous fiscal year.

Net sales of the company rose to Rs 252.19 crore in the quarter, compared to Rs 251.74 crore in the same quarter of 2011-12, according to a Pfizer Ltd filing to the National Stock Exchange (NSE).

For 2012-13, the company posted net profit of Rs 503.20 crore, as against Rs 184.61 crore in the previous fiscal year.

Net sales of the company for the year ended March 31, 2013, stood at Rs 947.98 crore, compared to Rs 1,017.32 crore in the previous financial year.

Pfizer stock, on Tuesday, ended at Rs 1,090 on the NSE, up 0.45 per cent from its previous close.