Natco Pharma net up 32%

Total income from operations up by 14% at Rs 203 cr

Hyderabad-based Natco Pharma Limited reported a 32.27 per cent jump in net profit at Rs 29.88 crore for the quarter ended December, 2013 on the back of increased revenues from the formulations business.

The company's net profit during the corresponding previous quarter was Rs 22.59 crore. Total income from operations grew 14.49 per cent at Rs 203.36 crore as compared with Rs 177.61 crore in the year ago period.