Shares of Natco Pharma were trading 1.52 per cent up at Rs 909 on BSE
Revenue and profit growth was driven by the surge in formulation business, according to Natco
Hyderabad-based Natco Pharma Limited has reported a 69.7 per cent jump in its consolidated net profit at Rs 47.6 crore for the quarter ended June, on the back of an increase in revenue from formulations. The company's net profit was Rs 28.07 crore in the corresponding period last year.
The total income from operations in this 4th quarter doubled at Rs 406.97 cr from Rs 200.8 cr in the year ago period