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Pfizer FY'06 net up by 36 pc; 125 pc dividend

Mumbai, Jan 20: Pharma major Pfizer has posted a net profit of Rs 105.73 crore for the year ended November 30, 2006, as compared to Rs 68.12 crore for the year ended November 30, 2005, recording a jump of 35.57 per cent.

The Company said its total income (net of excise&sales tax) has increased from Rs 639.55 crore for the year ended November 30, 2005, to Rs 721.75 crore for the year ended November 30, 2006.

It has posted a net profit of Rs 17.00 crore for the quarter ended November 30, 2006, as compared to Rs 17.37 crore for the quarter ended November 30, 2005, showing a decline of 2.17 per cent. Its total income (net of excise&sales tax) rose from Rs 179.82 crore for the quarter ended November 30, 2005, to Rs 182.86 crore for the quarter ended November 30, 2006.

The Board of Directors has recommended a Dividend of Rs 12.50 per equity share of Rs 10 each for the Financial Year ended November 30, 2006, equivalent to 125 per cent.


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