Natco Pharma’s Q1 profit after tax up 97% at Rs94 crore - News Summed Up

Natco Pharma’s Q1 profit after tax up 97% at Rs94 crore


The profit after tax for the same quarter last year was at Rs48 crore, Natco Pharma said in a statement. Photo: ReutersHyderabad: Natco Pharma Ltd on Monday said its consolidated profit after tax for the quarter ended 30 June was up by 97% to Rs94 crore. The profit after tax for the same quarter last year was at Rs48 crore, the company said in a statement. Total revenue for the quarter under discussion was reported at Rs449 crore, up 30% over the Q1 of FY17. Natco recommended an interim dividend of Rs1.25 (62.5%) per equity share of Rs2 each for the financial year 2017-18.


Source: Mint August 07, 2017 12:53 UTC



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