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HomeNewscompaniesNatco Pharma Q2 net profit jumps 83% to Rs 676 crore

Natco Pharma Q2 net profit jumps 83% to Rs 676 crore

Revenue from operations rose to Rs 1,371 crore as compared with Rs 1,031 crore in the year-ago period

November 12, 2024 / 17:27 IST
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Natco Pharma

Natco Pharma on November 12 said its consolidated net profit jumped 83 percent on-year to Rs 676 crore in the September 2024 quarter, aided by robust sales.

The drug maker reported a net profit of Rs 369 crore in the July-September period of last fiscal.

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Revenue from operations rose to Rs 1,371 crore as compared with Rs 1,031 crore in the year-ago period, Natco Pharma said in a regulatory filing.

"The company has shown continued strong growth during the second quarter driven by exports formulation business and stable domestic pharmaceutical business," it stated.