However, net sales grew 20.5 percent to Rs 194.2 crore from Rs 161.2 crore during the same period, driven by both businesses pharmaceutical and chemical.
Merck 's third quarter net profit halved to Rs 9.4 crore from Rs 20 crore compared to same quarter last year, impacted by weak operational performance.
However, net sales grew 20.5 percent to Rs 194.2 crore from Rs 161.2 crore during the same period, driven by both businesses pharmaceutical and chemical.
Total expenses shot up 31 percent to Rs 189.87 crore year-on-year on account of higher employee and depreciation cost.
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Merck Q3 net profit halves to Rs 9.4 cr on higher expenses
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