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Natco Pharma Ltd Q3FY24; 244% rise in Profits

NATCO Pharma Limited (NATCO) is a vertically integrated, research and development focused pharmaceutical company engaged in developing, manufacturing, and marketing complex products for niche therapeutic areas. NATCO has established its presence in all three business segments viz. finished dosage formulations (“FDF”), active pharmaceutical ingredients (“APIs”), Contract Manufacturing Business.

Financial Results:

Natco Pharma Ltd reported Revenues for Q3FY24 of ₹759.00 Crores up from ₹492.00 Crore year on year, a rise of 54.27%.

Total Expenses for Q3FY24 of ₹539.00 Crores up from ₹433.00 Crores year on year, a rise of 24.48%.

Consolidated Net Profit of ₹213.00 Crores up 243.55% from ₹62.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹11.88, up 248.39% from ₹3.41 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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