Pfizer Q1 PAT tanks 83% YoY to Rs 32 cr

5 Aug 2022 , 04:18 PM

Revenue from operations declined 20.9% year on year to Rs 592.90 crore in the quarter ended 30 June 2022. Profit before tax in Q1 FY23 stood at Rs 43.39 crore, up 83.9% from Rs 268.73 crore recorded in Q1 FY22. Total expenditure declined 12.5% YoY to Rs 431.20 crore during the quarter. Cost of materials consumed skid 4.5% to Rs 90.23 crore and employee benefits expenses slipped 2.3% to Rs 92.20 crore in Q1 FY23 over Q1 FY22. Pfizer is a research-based global biopharmaceutical company which is engaged in the discovery, development and manufacture of healthcare products. Shares of Pfizer closed 0.72% lower to end at Rs 4,230 on the BSE. Powered by Capital Market – Live News