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Natco Pharma Q1 net profit up 93 pc to Rs 181 cr

Press Trust of India  |  New Delhi 

Drug firm today reported a 93.27 per cent rise in its consolidated net profit to Rs 181.1 crore for the quarter ended June 30 mainly on account of robust sales.

The company had posted a net profit of Rs 93.7 crore for the corresponding period of the previous fiscal, said in a filing.

Consolidated total revenue of the company stood at Rs 574.5 crore for the quarter under consideration. It was Rs 448.7 crore in the corresponding period of the previous fiscal.

The company's board of directors have approved an interim dividend of Rs 1.50 per equity share of Rs 2 each, said.

Shares of Natco Pharma today closed 0.06 per cent lower at Rs 812.85 per scrip on the

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, August 08 2018. 17:35 IST