New Delhi, Nov 14 (PTI) Natco Pharma on Tuesday reported an over six-fold jump in its consolidated net profit to Rs 369 crore in the second quarter ended September 30, 2023.
The Hyderabad-based drug firm had reported a net profit of Rs 57 crore in the July-September period of last fiscal.
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Consolidated total revenue rose to Rs 1,061 crore for the period under review, as compared with Rs 453 crore in the year-ago period, Natco Pharma said in a regulatory filing.
The company reported strong performance during the quarter due to growth in formulation exports and increased sales in the domestic agrochemical business, it added.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)













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