- Novartis India Ltd has posted net sales of about $127.2 million forthe first half of fiscal 1997 (to September 30). Net profits were around $45.8 million. Meanwhile, Merind Ltd, the Tata group drugmaker, has increased first-half sales by 13% to some $29.5 million, with post-tax profits up 44% at $1.47 million.
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