Pfizer reports over seven fold jump in Q1 net profit

Pfizer has reported results for first quarter ended June 30, 2012.

The company’s net profit shot higher by 697.48% at Rs 328.88 crore for the quarter under review as compared to Rs 41.24 crore for the same quarter in the previous year. The total income of the company decreased by 7% at Rs 242.63 crore for Q1FY13 as compared Rs 260.91 crore for the corresponding quarter previous year.

Pfizer manufactures prescription drugs such as Viagra, Lyrica, Viagra, Dolonex Gel, Ponstan, Citralka Liquid, and many more. Its first production unit was set up at Darukhanna in Mumbai.