Credit: REUTERS/STEVE MARCUSMay 23 (Reuters) - Medtronic Plc MDT.N reported a nearly 20% drop in quarterly profit on Thursday, hurt by lower sales in its cardiac and vascular business that makes heart valves and stents.
Net income attributable to the company fell to $1.17 billion, or 87 cents per share, in the fourth quarter ended April 26, from $1.46 billion, or $1.07 per share, a year earlier.
Net sales rose to $8.15 billion from $8.14 billion.
(Reporting by Aakash Jagadeesh Babu in Bengaluru; Editing by Shinjini Ganguli)
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