Novartis India Q1 FY27 results: Revenue up 18.6% YoY, PAT at Rs 322.1 mn
NOVARTIND · price
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Board approved unaudited Q1 FY27 results for the quarter ended June 30, 2026. Revenue from operations rose 18.6% YoY to Rs 1,038.1 mn versus Rs 875.5 mn in Q1 FY26. Total income at Rs 1,125.5 mn. Profit before tax up 16% to Rs 431.7 mn. Net profit at Rs 322.1 mn versus Rs 276.2 mn. EPS at Rs 13.05 versus Rs 11.19. Limited review report by BSR and Co LLP was clean with no qualifications. Note 6 flags the ongoing change of control: parent Novartis AG has signed an SPA to sell its 70.68% stake to WaveRise, ChrysCapital and TwoInfinity Partners, awaiting completion.
Healthy quarter with double digit revenue and profit growth. Major overhang remains the pending 70.68% stake sale by parent Novartis AG.