Novartis India Reports Q1 Results, Appoints Cost Auditors
Novartis India Limited reported Q1 revenue of ₹875.50 crore, down 5.1% year-over-year but up 4.4% quarter-over-quarter. Profit increased 7.3% year-over-year to ₹276.20 crore. The company appointed M/s. D.C. Dave & Co. as Cost Auditors for the upcoming fiscal year, with a remuneration of ₹1.50 lakh plus taxes, subject to shareholder approval via postal ballot.
09May 25
Novartis India Reports Robust Q4 Results, Declares ₹25 Dividend
Novartis India Limited has released its Q4 financial results, showing significant improvements across key metrics. Revenue increased by 3.36% to ₹839.00 crore. EBITDA more than doubled to ₹239.00 crore, with the EBITDA margin expanding to 28.49%. Net profit surged by 99.59% to ₹293.00 crore. The company's board has recommended a dividend of ₹25.00 per equity share.