Cadila Healthcare which is a part of Zydus Cadila group, has posted 65 percent decline in the net profit for the first quarter ended June.

The company has posted Rs 138.4 crore in Q1FY18 as compared with Rs 398.4 crore in the corresponding quarter of last year.

During the first quarter, the total income has been decreased 4.20 percent to Rs 2249.8 crore.

Read EquityPandit’s Technical Analysis on Nifty Pharma