# Novartis India Limited reported a 13.8 percent year-on-year decline in net profit.

*business · news · 2026-05-12 · Free Press Journal*

## Key points

- Novartis India reported a 13.8% year-on-year net profit decline despite a 7.9% revenue increase.
- Quarterly net profit surged 56.9% sequentially, primarily due to improved operations and lower tax impact.
- Novartis AG signed agreements to acquire up to 76% stake in Novartis India via open offer.
- FY26 dividend per share was raised to Rupees 8, up from Rupees 7.25 in FY25.
- Annual net profit for FY26 fell 7.6% year-on-year despite a 5.3% increase in operational revenue.

**Companies:** Novartis AG, Novartis India Limited
**Countries:** India, Switzerland

[Read the full story on Free Press Journal](https://www.freepressjournal.in/business/novartis-india-q4-profit-slips-14-to-25-crore-despite-higher-revenue)

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