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Novartis India reported its audited financial results for the quarter and financial year ended March 31, 2026.
Novartis AG will sell its 70.68% stake in Novartis India to a new consortium.
KEY POINTS
- Novartis India's Board recommended no dividend for FY26, down from ₹25 per share in FY25.
- One customer contributed ₹1,461.7 million in FY26, over 10% of traded goods revenue.
- Employee benefit expenses increased by ₹7.9 million due to India's new Labour Codes implementation.
COMPANIES
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