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Pfizer india quarterly net increases 21%

Drug firm Pfizer Ltd on Tuesday posted 20.91 per cent increase in net profit at Rs 58.16 crore for its fourth quarter ended 31 March, 2013.The company had net profit of Rs 48.10 crore for the January-March period of the previous fiscal.

Net sales of the company rose to Rs 252.19 crore for the fourth quarter, compared to Rs 251.74 crore in the Q4 of 2011-12, Pfizer Ltd said in a filing to the National Stock Exchange. For 2012-13, the company posted net profit of Rs 503.20 crore, as against Rs 184.61 crore in the previous fiscal. 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 fiscal.

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