ICICI Direct: Pfizer Posts Steady Q2 Performance Amid Divestiture, Disturbances  
Signage is displayed in the window of the Pfizer Inc. Research and Development Center in Cambridge, Massachusetts, U.S. (Photographer: Scott Eisen/Bloomberg)

ICICI Direct: Pfizer Posts Steady Q2 Performance Amid Divestiture, Disturbances  

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

Pfizer Ltd.’s Q2 FY21 revenues grew 5% YoY to Rs 595 crore.

Adjusting for divesture of rights and interests in certain brands and Covid-19, YoY growth for the quarter was at 10.1%.

Also, hospital and vaccines business reflected improved performance due to easing of lockdown.

Ebitda margins expanded 520 basis points to 34.1% YoY due to a better overall operational performance.

Click on the attachment to read the full report:

ICICI Direct Pfizer Company Update.pdf

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